Trading Pattern Dictionary / Resistance Breakout Pull-Back
Long
What is Resistance Breakout Pull-Back?
A Resistance Breakout Pull-Back occurs when the price breaks above a resistance level, retraces back to that level, and then continues to rise, indicating a potential continuation of an upward trend.
Definition
A Resistance Breakout Pull-Back occurs when the price breaks above a resistance level, retraces back to that level, and then continues to rise, indicating a potential continuation of an upward trend.
Total Trades
20
Popularity
0.03%
P&L (public trades)
$172.16
Trades using Resistance Breakout Pull-Back
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Resistance Breakout Pull-Back is a trading pattern in the TradeJournal.co Trading Pattern Dictionary. Traders tag trades with this pattern to spot recurring behavior and improve performance. Used by 12,000+ traders.