#BreakoutTradingStrategy
Strategy #BreakoutTradingStrategy or "Price Breakthrough Strategy" is a popular trading method that relies on entering a trade when the price breaks through an important resistance or support level, indicating the beginning of a strong new trend.
✅ What is the idea of the strategy?
The basic idea is to take advantage of the significant price movement that occurs after breaking a fixed resistance or support level, where it is expected that the breakout will lead to a price acceleration due to a large number of traders entering in the same direction.