Breakout
A breakout occurs when price moves beyond a defined area such as a range, prior high, prior low or consolidation boundary.
A breakout occurs when price moves beyond a defined area such as a range, prior high, prior low or consolidation boundary.
Consolidation is a period in which price trades within a relatively contained area without sustained directional progress.
Price action is the direct study of how price moves and reacts.
Technical analysis studies market price and related data to understand behaviour and identify repeatable context.
A trend is sustained directional progress over the timeframe being analysed.
Market structure is a simple way of describing how price is moving by looking at swing highs and swing lows. It helps identify trends, ranges and possible changes in behaviour.
A trend shows sustained directional progress. A range shows price rotating inside a broader area. Markets can move between both conditions.
Support and resistance are areas where price has previously attracted meaningful buying or selling. They are better treated as zones than as perfect lines.
Technical analysis uses price, market structure and chart-based tools to organise what the market is doing. It does not remove uncertainty.
Price action is the study of price behaviour itself: swings, candles, closes, wicks, reactions and the context around them.