#BreakoutTradingStrategy
🚀 Breakout Trading Strategy – Catch the Big Moves! 🚀
✅ What is Breakout Trading?
👉 Entering a trade when price breaks above resistance or below support with strong volume, aiming to ride the momentum.
📌 How to Trade Breakouts
✅ 1. Identify Key Levels
• Mark strong support & resistance zones on higher timeframes (1H / 4H / Daily).
✅ 2. Wait for Confirmation
• Look for a candle close outside the level.
• Check volume – breakout with high volume = stronger signal.
✅ 3. Enter With a Plan
• Buy on breakout above resistance.
• Short on breakdown below support.
✅ 4. Set Stop‑Loss
• Just below resistance (for longs) or above support (for shorts).
✅ 5. Take Profits at Targets
• Use previous swing highs/lows or Fibonacci extensions.$BNB
