#BreakoutTradingStrategy
The Breakout Trading strategy is considered one of the most famous technical trading strategies. It relies on entering a trade when the price breaks through a major support or resistance level. Traders believe that this breakout could be the beginning of a strong price movement in the same direction, whether upwards or downwards. The decision is usually supported by high trading volume, which enhances the strength of the breakout. This strategy is widely used in high liquidity markets such as forex and cryptocurrencies, and it is preferable to combine it with indicators like RSI or MACD to reduce false signals and increase the chances of success.