O'Reilly logo

Crowd Money: A Practical Guide to Macro Behavioural Technical Analysis by Eoin Treacy

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 8: How Does a Breakout Occur?

What we will cover in this chapter

  • Ranges might be boring compared to the trending phases but we will see how every range is an explosion waiting to happen.
  • Ranges are decision-making processes which create vacuums of supply above, and demand below, the ranges. When prices eventually move into these vacuums, they surge until supply and demand come back into balance.
  • Failed breaks indicate that the vacuum of supply above or demand below the range has not yet formed.
  • The dynamic nature of the failed break will give us clues as to how emphatic the counter-trend move is likely to be.
  • Base-formation completion is the most important example of where a lengthy range is completed with an emphatic breakout, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required