#BreakoutTradingStrategy

One of my favorite strategies is Breakout Trading – that is, buying when the price breaks through a strong resistance zone. However, to avoid 'chasing the peak', I usually wait for confirmation of increased volume and a retest before entering a trade.

Breakouts are very suitable during long sideways market periods, as when a breakout occurs, it is often accompanied by strong momentum. However, one must also be cautious of false breakouts.