#BreakoutTradingStrategy A breakout trading strategy involves entering a trade when the price moves beyond a defined support or resistance level with increased volume. Traders identify key levels where price has previously reversed or stalled. Once the price breaks above resistance or below support, a position is opened in the direction of the breakout. To confirm validity, volume should spike, indicating strong market interest. Stop-loss orders are placed just below the breakout point for long trades or above for shorts to manage risk. Profit targets are set based on previous price patterns or risk-reward ratios. This strategy works well in volatile, trending markets.