#BreakoutTradingStrategy 🚀 Breakout – a big opportunity but also a big trap.

#BreakoutTradingStrategy

Breakout trading is an essential part of my strategy, but not every breakout is guaranteed to be successful. There are times when the price breaks through resistance and then… turns around to 'go back to where it came from' 😢

✅ My breakout strategy:

1. Confirm 3 factors before entering a trade:

• Price breaks through a strong support resistance area (H1 timeframe or higher)

• Volume increases significantly accompanying it

• RSI is not too overbought (above 80 is what I avoid)

2. Do not fomo the first breakout, wait for a pullback to retest the breakout area → only then enter the trade (safer, shorter SL)

3. Clear stop loss just below the old breakout area

• Target: Based on the height of the pattern or the nearest resistance area

📌 Hard-earned experience:

• Small timeframe breakouts (5m - 15m) are often false breakouts

• If the volume is low, I usually skip it because 'breaking without force' is likely to be a fake

How do you trade breakouts? Let's share so that we won't 'be slapped by the market' anymore 😅👇

#Binance #TradingTips #CryptoStrategy #FakeBreakoutKiller