**Breakout Trading Strategy :**
Breakout trading involves entering a trade when the price breaks above resistance or below support with increased volume. Traders identify key levels using chart patterns like triangles, flags, or consolidation zones. A confirmed breakout often signals strong momentum and a new trend. Enter trades when the breakout occurs, setting stop-loss orders just below support (for bullish breakouts) or above resistance (for bearish breakouts). Use volume and indicators like Bollinger Bands or RSI to confirm the move. Target profits based on the size of the previous range. Effective risk management and avoiding false breakouts are crucial for consistent success in breakout trading.