#BreakoutTradingStrategy Breakout trading involves entering a trade when the price breaks through a established support or resistance level. Here's a concise overview:

*Key Points:*

1. Identify support/resistance levels.

2. Wait for a breakout above resistance (buy) or below support (sell).

3. Confirm the breakout with increased volume and momentum.

*Strategies:*

1. Buy on breakout above resistance.

2. Sell short on breakdown below support.

*Benefits:*

1. Potential for significant profits from strong price movements.

2. Opportunity to ride trends.

Breakout trading requires patience and discipline to wait for confirmation and manage risk effectively.