What Is a Breakout?
A breakout occurs when the price moves above resistance (bullish breakout) or below support (bearish breakout) with increased volume.
🔼 Bullish Breakout 🔽 Bearish Breakout
Price moves above resistance Price falls below support
Signals start of uptrend Signals start of downtrend
Traders go long (buy) Traders go short (sell)
