Lessons › Market structure › The breakout retest
World 2 · Market structure · lesson 14 · level 3
The breakout retest
After breaking out, price often comes back to test the old level, and holding there is a good sign.
What it is
Price closed above resistance on strong volume. The ceiling broke.
Your task in the app
Did price break out? Then decide: buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 31 | 36% | 61% | 3% |
| United States | 24 | 33% | 62% | 4% |
| Japan | 12 | 50% | 50% | 0% |
| Crypto | 410 | 40% | 56% | 4% |
| Commodities | 12 | 25% | 50% | 25% |
Counted on real past charts by the Trading Class research engine, 489 cases in all. Past odds, not a forecast.
Read more on the Breakout pattern page.
Goal of this lesson: Recognize a pullback to a broken level and how it can confirm a breakout.