#BreakoutTradingStrategy effectively:
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📈 What Is a Breakout?
A breakout happens when price moves beyond a clear support or resistance level and sustains beyond it, often signaling the start of a new trend with increased volatility  .
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🎯 Popular Breakout Patterns
1. Range Breakout: Price exits a consolidation zone (e.g., between ₹500–₹550), ideally on higher volume .
2. Triangles (symmetrical, ascending, descending): Price squeezes into converging trend lines; the breakout direction shows trend control .
3. Flag & Pennant: Short consolidations after sharp moves, continuation patterns; breakout continues the primary trend .
4. Opening-Range Breakout: Trades based on the first 30–60 minutes of the session, using that range to trigger entries .
5. Specialized methods:
• ACD system by Mark Fisher: Uses intraday “A” and “C” levels derived from the opening range on 5‑minute charts .
• Volatility Contraction Pattern (VCP): Compressing price and volume before an explosive move (e.g., Gajjala’s strategy) .