#BreakoutTradingStrategy A breakout trading strategy is a popular method used by traders to capitalize on a market moving outside of a defined support or resistance level with increased volume. Here is an explanation of how it works and how to implement it:
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🔍 What is a breakout?
A breakout occurs when the price moves:
Above resistance → bullish breakout (buy opportunity)
Below support → bearish breakout (sell/short opportunity)