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Coinlog
Jul 3, 2021 6:34 PM

What is Breakout? Education

XRP / TetherUSBinance

Description

I personally trade breakouts with volume conformations because after the breakout the resistance become support. And that gives me very good risk to reward.

Do you trade breakouts?

Lets us know what you think about this educational idea in comments!
Comments
Arunroyappan
Please post a idea on false breakouts and how to avoid it
Coinlog
@Arunroyappan, Will do thanks for the suggestion!
lullzimodire
Should we move to a lower time frame for entries or look for entries on the same time frame ?
mallik1186
Can u some suggest any books to read on Break out with volume?
Coinlog
@mallik1186, You can read "Technical Analysis of the Financial Markets" it's a pretty good book that will give you a very good understanding of Technical ANalysis.
lullzimodire
should we move to a lower tf for entries or look for it on the same tf?
Coinlog
@lullzimodire, Yeah you should do top to bottom analysis! Start from a bigger timeframe and narrow down your analysis to lower timeframe.
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