#BreakoutTradingStrategy focuses on entering a trade when the price breaks through a defined support or resistance level with increased volume. This breakout signals a potential strong move in the direction of the breakout—either upward or downward. Traders use technical indicators like Bollinger Bands, trendlines, and volume spikes to confirm breakout strength. The goal is to catch the beginning of a new trend and ride the momentum. Stop-loss orders are often placed just below resistance or above support to manage risk. It’s effective in volatile markets but requires patience, timing, and proper analysis to avoid false breakouts or “fakeouts.”