What is support breakout?

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Long

A support breakout occurs when the price of an asset falls below a defined support level, indicating a potential shift in market sentiment and the possibility of further declines.

Definition

A support breakout occurs when the price of an asset falls below a defined support level, indicating a potential shift in market sentiment and the possibility of further declines.

Total Trades

24

Popularity

0.04%

P&L (public trades)

$10.39

Trades using support breakout

Asset	Symbol	Broker	User	Position Size	Entry	Exit	Type	Status	Trade
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support breakout 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.

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Trading Pattern Dictionary / support breakout