#BreakoutTradingStrategy

The Breakout Trading Strategy consists of identifying moments when the price of an asset breaks or 'breaks through' a previously established key level of support or resistance. These levels act as psychological or technical barriers where the price has repeatedly bounced in the past. Breakout traders anticipate that once the price decisively crosses one of these levels, it will initiate a significant movement in the direction of the breakout. They seek to enter the trade just after the confirmation of the breakout, expecting that volatility and volume will increase, driving the price. This strategy is used in trending and consolidating markets.