#BreakoutTradingStrategy targets price moves beyond key support or resistance levels, signaling strong momentum. Traders watch charts for consolidation patterns like triangles, channels, or ranges, waiting for a decisive breakout. Once price breaks above resistance or below support with high volume, traders enter in the breakout direction, aiming to catch big moves early. Stop-losses are set just outside the broken level to manage risk if the breakout fails. Breakout trading suits active traders who study technical analysis and market psychology. While powerful in trending markets, false breakouts (fakeouts) are common, so confirmation, volume analysis, and disciplined risk management are essential for success.