#BreakoutTradingStrategy The Breakout Trading strategy is a trading strategy that relies on identifying support and resistance levels and analyzing price breakouts. When the price breaks through a support or resistance level, it can be a signal to start a new trade.
*Advantages of the Breakout Trading Strategy*
- *Quick profit*: Quick profits can be achieved when a strong price breakout occurs.
- *Trading based on trend*: The breakout strategy can be used to