#BreakoutTradingStrategy Breakout trading is a strategy that involves entering a trade when the price moves outside a defined support or resistance level with increased volume. Traders aim to capitalize on strong momentum that follows a breakout. Key tools include trendlines, chart patterns (like triangles, flags), and volume indicators. Once a breakout occurs, traders often enter in the direction of the breakout and place stop-loss orders just below the breakout point to manage risk. This strategy works best in volatile markets and requires quick execution and confirmation through volume or other indicators to avoid false breakouts.