The phrase
"breakout level" refers to a point at which a price or value of something surpasses a certain level that it has struggled to move past before. It is a significant moment that suggests a potential shift or increase in momentum.
Full definition
Similar and related words and phrases are presented below.
«breakout»
«level»
Related phrases
Sentences with «breakout level»
- We might be able to establish a small position before the obvious breakout level if the price action forms a higher swing low. (morpheustrading.com)
- In this webinar we discuss how you can spot these potential breakout levels and develop a strategy for trading them. (oanda.com)
- Our interview with lead programmer Chris Delay explain that a prison breakout level in Subversion, combined with a visit to Alcatraz, gave rise to an idea for a prison (gamecrazy.com)
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sentences)