What is Breakout?
ChartsWhen price moves clearly above resistance or below support, often with extra trading volume.
Think of it like: Breaking through the ceiling into the next floor.
Real example: Gold broke above $2,100 in March 2024 and kept climbing, passing $2,700 by October 2024.
Lesson: Floors and ceilings Practise it now: Chart School Practise it now: Level Lines