#BreakoutTradingStrategy Breakout trading is suitable for you who like price explosion moments. Personally, I like to look for strong support and resistance areas, then monitor the volume. If the volume breaks through resistance, I usually enter a buy. But I have to be careful too, because fakeouts often occur. That's why I wait for a confirmation candle first before taking a position. This strategy is good in a volatile market, especially when there's major news. The risk-reward is also okay if you are patient waiting for a solid setup. The key: be patient and don't FOMO.
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