#BreakoutTradingStrategy The Breakout Trading Strategy is a popular approach in technical analysis that seeks to capitalize on significant price movements. This strategy is based on the identification of key support or resistance levels that have contained the price over a period. A "breakout" occurs when the price decisively crosses one of these levels, indicating a possible start of a new trend in that direction.

Traders who employ this strategy typically wait for the price to break with significant volume to confirm the validity of the breakout. The idea is to enter the market just after the breakout is confirmed, with the expectation that the price will continue to move in the direction of the breakout. Stop-loss orders are often used below the newly broken support or resistance level to manage risk, and profit targets are sought based on.