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Glossary

Terms8 shown

BreakoutA price move above a resistance area or below a support area that may signal a new trend direction.
fakeoutAnother name for a false breakout, where the breakout fails to continue and the price quickly returns to its previous range.
false breakoutA situation in which price breaks through a key level, then quickly reverses and returns to its previous range.
stop-lossAn order placed near a specific price to limit losses when that price is reached; concentrated triggers may accelerate a breakout move.
False BreakoutThe price briefly breaks above the upper trendline before reversing, invalidating the initial breakout signal.
Downside BreakoutA price movement that breaks below the lower boundary of the flag; if accompanied by increased trading volume, it may serve as a confirmation signal that the pattern has been completed.
Continuation patternIf a falling wedge appears as a brief consolidation within an uptrend, the original upward trend may resume after the breakout.
Bull FlagA chart pattern in which a strong rise is followed by brief sideways movement or a small pullback, with the uptrend potentially continuing after an upward breakout.

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Definition

Continuation pattern

If a falling wedge appears as a brief consolidation within an uptrend, the original upward trend may resume after the breakout.

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