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Breaking
Money Management / Trading Styles
Breaking
 
A breakout triggers the buying or selling pressure that has built up during a pattern's formation. Volume should increase sharply as the breakout occurs. The breakout's first reaction might travel back into the pattern, but any delay in resuming the breakout's trending should be brief.

Following are examples of patterns and their breakouts. Each is linked to more examples of the pattern:

Channel
Breaking - Pattern Type: Channel
Rounding Bottom / Rounding Top
Breaking - Pattern Type: Rounding
Double Bottom / Double Top
Breaking - Pattern Type: Double Bottom Top
Symmetrical Triangle
Breaking - Pattern Type: Symmetrical Triangle
Head & Shoulders
Breaking - Pattern Type: Head & Shoulders
Ascending Triangle
Breaking - Pattern Type: Ascending Triangle
Island
Breaking - Pattern Type: Island
Descending Triangle
Breaking - Pattern Type: Descending Triangle
Rising Wedge / Falling Wedge
Breaking - Pattern Type: Rising Wedge
Complex Triangle
Breaking - Pattern Type: Complex Triangle