Statistics :
Breakout Downward 73% of the time.
Overall performance rank for up/down breakouts (1 is best): 6 out of 23; 14 out of 21
Break even failure rate for up/down breakouts: 2%; 11%
Average rise/decline: 38%; 17%
Throwback/pullback rate: 50%; 57%
Percentage meeting price target for up/down breakouts: 69%; 58%
Breakout Downward 73% of the time.
Overall performance rank for up/down breakouts (1 is best): 6 out of 23; 14 out of 21
Break even failure rate for up/down breakouts: 2%; 11%
Average rise/decline: 38%; 17%
Throwback/pullback rate: 50%; 57%
Percentage meeting price target for up/down breakouts: 69%; 58%
Commentaire:
Update : we could have a false breakout above 2542. If prices reintegrate, we could retest bottom range ~2440