#BreakoutTradingStrategy 🍒🍒 BreakoutTradingStrategy Breakout trading strategies identify key levels of support or resistance and capitalize on significant price movements. Here's a comprehensive overview:

*Key Components:*

- *Trend Identification*: Uses indicators like Exponential Moving Averages (EMAs) to determine market direction.

- *Momentum Filtering*: Applies Relative Strength Index (RSI) to avoid entries during extreme conditions.