Glossary

What is False breakout

Price moved beyond a level but failed to hold and came back. For those who bought the breakout it is a stop; for the sweep model it is a reason to wait for an MSS.

How it works

BTC 15m: the Asian high pierced at 06:00 and a close back inside the range.

Example

The Asian high is 120 785. The 06:00 candle reached 120 821 but closed at 120 409 — below the level. Fifteen minutes later, a close below 120 210.

Common mistake

Calling every breakout that went against you false: it is false only after a close back inside.

Read next

Frequently asked questions

Where can I learn False breakout step by step?
In the Trading OS Academy: “Sweep or breakout”.
What is False breakout related to?
Breakout; Sweep — liquidity grab; Close confirmation.

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