Trading Pattern Dictionary / Breakout
Snapshot
Definition
AI Overview
A breakout occurs when the price moves above a defined resistance level or below a support level with strong momentum. This pattern is often used by traders to signal the beginning of a new trend, indicating a potential opportunity for profit.
Key Details of Breakout
- Goal: To identify new trends as they begin.
- Methodology: Traders look for price movements that exceed established support or resistance levels.
- Origin: The concept of breakouts has been utilized in technical analysis for decades.
- Market Impact: Breakouts can lead to significant price movements and increased trading volume.
Understanding breakouts is essential for traders looking to capitalize on new trends and market shifts.
Track this pattern in your trading journal
On TradeJournal.co, traders tag closed and open trades with this pattern label to connect setup names with real journal statistics: frequency, profit and loss, and post-trade review notes. The public Trading Pattern Dictionary shows community-wide aggregates on each pattern page (trade count, popularity share, and public P&L) so you can compare how often a behavior appears across the platform.
Use TradeJournal to filter your own history by pattern, build statistics dashboards, and spot recurring mistakes or edges—without relying on memory alone.
TradeJournal community statistics
Public trades tagged with "Breakout" on TradeJournal.co (73 traders).
Tagged trades
20,244
10,877 closed · 14 open
Dictionary share
2.19%
Of all pattern tags
Win rate
49.2%
5,287W · 5,450L · 140BE
Public P&L
-$1,770,380.81
Avg $-162.76 / closed trade
Similar patterns
Related labels traders tag in TradeJournal—same type or similar naming.
Trades using Breakout
| Asset | Symbol | Broker | User | Position Size | Entry | Exit | Type | Status | Trade |
|---|---|---|---|---|---|---|---|---|---|
| Loading… | |||||||||
Breakout is price moving above resistance or below support with conviction, often used to enter a new trend. in the TradeJournal.co Trading Pattern Dictionary. It appears on 20,244 tagged public journal trades from 73 traders (49.2% win rate on closed public trades) . Use TradeJournal to tag your own trades, filter by pattern, and review statistics alongside your full journal.