#BreakoutTradingStrategy BreakoutTradingStrategy Breakout Strategy:
Traders using a breakout strategy will try to enter a position (either long or short) immediately after a breakout occurs, hoping that the price will continue the trend in the direction of the breakout.
Objective:
The main objective of the breakout strategy is to capture rapid and sharp price movements after the breakout, with the hope of profiting from the newly formed trend.