#BreakoutTradingStrategy

A breakout strategy in trading is when an asset price moves outside a defined support or resistance level with increased volume. Following this, a breakout strategy is a popular trading approach used by active traders to take a position within this trend's early stages.Reliable breakout patterns include horizontal breakouts, trendline breakouts, and breakouts from well-defined chart patterns like triangles and head and shoulders. These patterns, when confirmed with volume, offer strong trading signals.