Continuation Breakouts

1. Market Breathers:

   • After a significant move in one direction, the market often takes a pause.

   • Buyers and sellers step back to assess their next moves.

   • This results in a period of consolidation, where price moves within a range.

1. Continuation Breakouts:

   • These occur when traders push the price in the same direction as the prevailing trend.

   • It’s like catching a second wind after a brief rest.

   • Continuation breakouts align with the longer-term trend.