🚨 The key to an effective breakout strategy lies in anticipation, not reaction. Identifying consolidation zones, observing volume compression, and waiting for the breakout with confirmation are fundamental steps. In my trading, I use trend lines, Bollinger bands, and the RSI to detect possible imminent breakouts. A well-calculated entry after a breakout candle with volume above average can offer an excellent risk-reward ratio. However, a breakout without volume is just noise. Managing the stop loss below the broken structure is an essential part of the plan.
