#BreakoutTradingStrategy
📈 #BreakoutTradingStrategy Explained
A Breakout Trading Strategy is a method used by traders to enter the market when the price breaks above resistance or below support—usually signaling the start of a strong move in that direction.
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🔍 Key Concepts:
Term Meaning
Breakout Price moves above resistance or below support
Resistance A level where price tends to stop rising
Support A level where price tends to stop falling
Volume Spike Confirms the breakout strength
**False Break
📈 #BreakoutTradingStrategy Explained
A Breakout Trading Strategy is a method used by traders to enter the market when the price breaks above resistance or below support—usually signaling the start of a strong move in that direction.
---
🔍 Key Concepts:
Term Meaning
Breakout Price moves above resistance or below support
Resistance A level where price tends to stop rising
Support A level where price tends to stop falling
Volume Spike Confirms the breakout strength
**False Break