#BreakoutTradingStrategy

What is the Breakout Trading Strategy

The Breakout Trading Strategy is one of the most famous trading strategies, relying on identifying price breakout points at resistance or support levels to trade a new trend. 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.

Implementation 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 high volatility trading markets, but it requires precise control in risk management.