#BreakoutTradingStrategy BreakoutTradingStrategy The breakout trading strategy seeks to take advantage of strong price movements of an asset when it breaks a previously established support or resistance level. Traders enter a position when the price surpasses the key level, expecting the trend to continue in the same direction. 1st. Identify support levels (minimum price) and resistance levels (maximum price) on a chart. 2nd. We wait for the price to break one of these levels, either upwards (resistance) or downwards (support). 3rd. We confirm the breakout, such as an increase in volume, so we can observe that the breakout is not false. Once the breakout is confirmed, we buy if resistance is broken and sell if support is broken. To ensure profits, we set stop-loss and take-profit orders.