#BreakoutTradingStrategy
Breakout trading strategy means entering a trade when the price moves strongly above resistance or below support. It shows that a new trend might be starting. Traders use this to catch big moves early. But it’s important to confirm the breakout with volume or retest to avoid fake signals.
Breakout trading strategy means entering a trade when the price moves strongly above resistance or below support. It shows that a new trend might be starting. Traders use this to catch big moves early. But it’s important to confirm the breakout with volume or retest to avoid fake signals.