Execution

Breakout

A body close beyond a meaningful level (S/R, range edge, neckline) with displacement.

How it's used correctly

Real breakouts have body, displacement, volume support, and follow-through. Wait for the retest before chasing.

Chasing every breakout. ~50% of breakouts fail. Without confirmation, you're flipping coins.

How to tell a real break from a fake one.

Why pulling back to the broken edge is often the better entry.