#BreakoutTradingStrategy
š #BreakoutTradingStrategy ā Catch the Move, Not the Noise šš
Breakouts are where the market shows its hand ā volume + structure = opportunity.
š My breakout trading checklist:
ā Identify consolidation zones or tight ranges (flags, wedges, triangles)
š Confirm with rising volume & volatility squeeze
š„ Wait for a clean candle close above resistance (no wick traps)
š§ Enter on retest or momentum confirmation
š”ļø Tight stop just below breakout point, 1:2 or better R/R ratio
ā ļø Avoiding fakeouts:
Use volume confirmation ā no volume = no entry
Check for liquidity zones & possible stop hunts
Avoid overlapping news events that can cause irrational spikes
š Example: Last weekās breakout on $XRP from 2.65 to 2.80 hit perfectly after three touches of resistance and a surge in OI + volume.
Letās share knowledge:
ā”ļø Whatās your go-to breakout setup?
ā”ļø Do you prefer entering on breakout or retest?
#CryptoTrading #PriceAction #SmartMoneyEntry #TradingDiscipline #TechnicalAnalysis
