#BreakoutTradingStrategy

Breakout trading strategy focuses on entering trades when the price breaks through a defined support or resistance level with increased volume. Traders look for consolidation phases—like triangles, channels, or ranges—and anticipate a breakout that signals a strong directional move. Confirmation through volume spikes or retests enhances reliability. Stop-loss orders are typically placed just below support (in long trades) or above resistance (in short trades) to manage risk. Profit targets are set based on previous price moves or technical indicators. This strategy is effective in volatile markets and helps traders catch trends early. Proper risk management is essential for consistent success.

#BreakoutTradingStrategy