#BreakoutTradingStrategy

- This is an approach in trading based on opening positions at the moment of breaking important support or resistance levels. The idea is to enter the market at the beginning of a strong movement when the price "breaks" the previous range.

Key points:

– Identifying levels: traders mark zones where the price previously stopped or reversed.

– Breakout: opening a position after the price moves beyond these zones.

– Volume: an increase in volume often confirms the strength of the breakout.

– Stop-loss: set slightly below/above the breakout level (depending on the direction).

– Take-profit: often based on previous ranges or fixed risk/reward ratios.

This strategy is particularly popular in highly volatile markets such as cryptocurrency or forex.