#BreakoutTradingStrategy #BreakoutTradingStrategy
A Breakout Trading Strategy focuses on entering trades when the price moves beyond a defined support or resistance level with increased volume. Traders aim to capture strong price momentum that follows these breakouts. Key breakout types include trendline breakouts, horizontal levels, and chart patterns like triangles or flags. Effective risk management, such as stop-loss orders just below the breakout point, helps minimize false breakout losses. This strategy works best in volatile markets where strong price movements are expected.