I mainly trade cryptocurrency using a simple yet effective breakout strategy. My typical trading operation begins with identifying key chart patterns like triangles, flags, or channels on a 1-hour or 4-hour time frame. I mark support and resistance levels and wait patiently for a confirmed breakout with volume. Once the price breaks out and retests the level, I look for a bullish or bearish candlestick confirmation — often a bullish engulfing or a hammer pattern. I place my entry at the close of that confirmation candle, with a stop loss just below/above the breakout level. I always manage risk with a strict 1-2% risk per trade and aim for at least 2:1 reward. I track all trades in a journal for review and improvement.

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