#BreakoutTradingStrategy The breakout trading strategy is a popular method that relies on entering a trade when the price of an asset breaks through key resistance or support levels. The basic idea is that this breakout signals the beginning of a new and strong price trend. Traders look for chart patterns such as triangles, rectangles, or head and shoulders, and when the price breaks through these levels with high trading volume, a decision is made to buy (for bullish breakouts) or sell (for bearish breakouts). This strategy requires close monitoring and confirmation indicators to avoid 'false breakouts'.
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