#BreakoutTradingStrategy #BreakoutTradingStrategy* or "Breakout Trading Strategy" is a method that relies on entering a trade when *the price breaks through a strong support or resistance level*.

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✅ *In short:*

- *Breakout* = when the price moves above resistance or below support.

- *Goal* = to enter at the beginning of a potential strong movement.

- *Used with*: stocks, currencies, cryptocurrencies, and others.

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🛠️ How to apply:

1. Identify a fixed support or resistance level.

2. Wait for the price to break this level.

3. Enter the trade after confirming (with volume confirmation or closing above/below the level).

4. Place a close stop loss to reduce risks.