#BreakoutTradingStrategy ๐ฅ #BreakoutTradingStrategy โ What Works for You? ๐ฅ
Iโve seen breakouts turn into big wins โ but also painful fakeouts ๐ฌ
Breakout trading is all about timing and confirmation. When price breaks a strong resistance or support, it can mean serious momentumโฆ or a trap.
โ My approach:
๐น Wait for high volume confirmation
๐น Use 4H or 1D timeframes for key levels
๐น Enter after candle close above/below the breakout
๐น Always set a tight SL below the zone
๐ฌ Whatโs your strategy to avoid fakeouts and manage risk?
๐ Post using #BreakoutTradingStrategy to earn Binance Points!
๐ฒ Tap the โ+โ on your Binance app, go to Task Center, and share your edge!