#BreakoutTradingStrategy
Breakout trading is a strategy that involves entering a trade when the price moves outside a defined support or resistance level with increased volume. Traders use this method to capitalize on strong momentum that typically follows a breakout. Breakouts can occur in any direction—upward or downward—and are often the result of news events, earnings reports, or other market catalysts. Proper risk management is essential, as false breakouts can lead to losses. Traders often combine technical indicators like moving averages or RSI to confirm breakout strength. This strategy is popular in both forex and crypto markets for short-term gains. #BreakoutStrategy