#BreakoutTradingStrategy

A trading strategy that relies on entering a trade when the price breaks a key support or resistance level, which often indicates the beginning of a strong new trend.

The basic idea is to capitalize on the momentum that follows this price "breakout," whether it is upward or downward.

Typically, traders identify key resistance or support areas based on technical patterns such as triangles, rectangles, or price channels. When these levels are broken accompanied by high trading volume, it is considered a signal to enter the trade.

The success of this strategy depends on two main factors:

1. Breakout confirmation – such as closing the price above resistance or below support.

2. Risk management – using stop-loss orders in anticipation of false breakouts.

One of the advantages of this strategy is that it allows entry at the beginnings of strong trends, but it carries risk when a "fake breakout" occurs.

Therefore, it is preferable to combine it with other indicators such as RSI or MACD to strengthen the signals.

It is considered #BreakoutTradingStrategy a preferred choice for active traders seeking high-profit opportunities during periods of market volatility.