#BreakoutTradingStrategy 🔍 What is Breakout Trading?
Breakout Trading Strategy is a trading strategy based on buying when the price breaks through resistance or selling when the price breaks through support, expecting the price to continue moving strongly in the direction of the breakout.
📈 Key features:
Component Details
Key levels Support (support) & Resistance (resistance)
Buy signal When the price breaks through resistance accompanied by increased volume
Sell signal When the price breaks through support
Supporting tools Trendline, Bollinger Bands, Volume, RSI...
✅ Advantages:
Captures strong trends right from the start.
Often yields significant profits if the breakout is genuine.
⚠️ Risks:
False breakouts are very common.
Needs to be combined with volume, confirmation, and tight stop-loss.
🧠 In summary:
Breakout Trading Strategy = Trading in the direction of breaking key levels, expecting the price to continue moving strongly in the new trend.