Breakout
Definition · Level 6 · Desk language
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A decisive move through resistance (or down through support) that holds, ideally on heavy volume — read as the start of a new trend leg. One that quickly reverses is called a false one.
Example
Stuck at 4,950–5,050 for weeks; trades 5,080 on double volume and closes there.
Where Tradecraft teaches it
Level 6 · Desk language, in the lesson “Market color and conduct”: Read the market's mood in one phrase — and know the lines no trader crosses.
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