#BreakoutTradingStrategy breakout trading strategy is a unique strategy that trades only when price decisively moves beyond key support or resistance levels. Traders often use volume, volatility oscillators, and other technical tools to confirm breakout before entering. The strategy is very old, as ancient as financial markets and is widely used by seasoned traders to generate consistent profits. The strategy is used in almost all markets as it is a very consistent and powerful method. A breakout forex trading strategy can be used in currency day trading as well, which makes the method crucial to understand and master, especially for beginners. Breakout strategy aims to catch the early stages of strong trends and helps traders to ride the move, enabling them to avoid predicting the exact price tops or bottoms. Let’s explain breakout strategy, how it works, which asset classes are the best, and how to develop and test it for long-term consistent profits.