#BreakoutTradingStrategy Breakout trading is a strategy that involves identifying key support or resistance levels and taking advantage of price movements when those levels are broken. Here are some key points:

1. *Identify levels*: Look for significant support or resistance levels on the chart.

2. *Wait for the breakout*: Wait for the price to break the identified level.

3. *Confirm the breakout*: Look for confirmation of the breakout using technical indicators or candle patterns.

4. *Enter the trade*: Open a position in the direction of the breakout.

5. *Manage risk*: Set stop-loss and take-profit to limit losses and secure profits.