#BreakoutTradingStrategy
"Price Breakout Strategy" is a popular trading method that involves 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 behind the strategy?
The fundamental idea is to take advantage of the large price movement that occurs after breaking a fixed resistance or support level, where it is expected that the breakout will lead to price acceleration due to many traders entering in the same direction.