#BreakoutTradingStrategy #BreakoutTradingStrategy #BreakoutTradingStrategy The breakout strategy is based on detecting significant breaks of support or resistance. When the price breaks a key level with high volume, it can indicate the beginning of a new trend. This technique is widely used by technical traders looking for explosive movements. It is important to confirm the breakout with indicators such as volume, RSI, or Bollinger Bands. One must also be cautious of false breakouts (fakeouts), which is why having a good entry and exit plan is vital.