The BreakoutTradingStrategy** targets significant price moves when an asset escapes established support or resistance. Traders identify consolidation patterns like triangles, rectangles, or channels. A decisive close *above* resistance signals a potential bullish breakout; a close *below* support suggests bearish momentum. Confirmation is key – look for surging volume validating the breakout's strength, indicating genuine conviction, not just a false move. Entry often occurs near the breakout point. Placing a stop-loss just below the breakout level (for longs) or above it (for shorts) manages risk. Profit targets can be set using the pattern's height or previous swing points. Always watch for potential pullbacks (retests) of the breakout level.#BreakoutTradingStrategy