Lessons › Market structure › Breakouts
World 2 · Market structure · lesson 11 · level 2
Breakouts
A breakout is when price closes outside the box it was stuck in, and a strong close on big volume makes it more believable.
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: Identify a breakout from a range or level and what makes it convincing.