#BreakoutTradingStrategy

Breakout trading involves entering a trade when the price moves outside a defined support or resistance level with increased volume. Traders aim to catch strong price movements early by spotting breakouts from consolidation, patterns like triangles, or range-bound markets.

🔹 Key Signals: Price breaks above resistance or below support

🔹 Common Tools: Trendlines, volume spikes, moving averages

🔹 Goal: Ride the momentum after a breakout