Service and Support

Help Center
False Breakthroughs

A false breakthrough is when the chart goes beyond the support and resistance levels but then returns to the price corridor.

Hl4

Look carefully at the chart to distinguish a false breakthrough from the real one.

If the candlestick closes below the support level or above the resistance level, so that approximately ¾ of its body is outside of the price corridor, then the breakthrough is real.

Hl5

If the candlestick closes below the support level or above the resistance level, so that less than ¾ of its body is outside of the price corridor, then the breakthrough is false.

Hl6