#BreakoutTradingStrategy **Breakout Trading Strategy in 100-120 Words**
Breakout trading captures strong price moves when an asset breaks key levels. Here’s how:
1️⃣ **Spot Key Levels** – Identify strong support/resistance or consolidation patterns.
2️⃣ **Confirm Breakout** – Wait for price to close above/below the level with volume.
3️⃣ **Enter Trade** – Buy above resistance, short below support. Set stop-loss just outside the breakout zone.
4️⃣ **Take Profits** – Aim for 1:2 or 1:3 risk-reward. Trail stops to lock in gains.
Avoid false breakouts by waiting for confirmation!