#BreakoutTradingStrategy #BreakoutTradingStrategy

What is the Breakout Trading Strategy?

The Breakout Trading Strategy is one of the most popular trading strategies, and it relies on identifying price breakout points at resistance or support levels to trade a new direction. When the price breaks a resistance or support level with an increase in volume, it indicates the beginning of a strong bullish or bearish trend.

Application Steps:

1. Identify the price range (channel or triangle).

2. Wait for the breakout with volume confirmation.

3. Enter the trade after confirmation.

4. Place a stop loss below the breakout point.

This strategy is suitable for trading markets with high volatility, but it requires precise control over risk management.