#BreakoutTradingStrategy 💥 Discussion: Breakout Strategy – Is it worth the risk?
Hello Binance Traders 👋
The Breakout Strategy is one of the most famous strategies, relying on breaking the price through a strong support or resistance area, then entering the trade with the new trend.
But the question is:
📉 Is every breakout considered an opportunity?
💡 What is the best time frame you use to confirm the breakout?
⚠️ How do you avoid fakeouts?
Personally, I tried it on the 1H timeframe in the Spot market, and the results were varied.
Do you recommend it in futures or is it risky for beginners?
Share your experiences with us!
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