SETUP · STRUCTURE · PAPER ONLY
Breakout watch
Price presses the top of a defined range while range width stays tight — a watchlist state, not a filled breakout.
CHART SKETCH
Educational pattern
Deterministic sketch for teaching the shape — not a live market feed.
Breakout watch means the structure is ready for a test of resistance. Distance to the range high is small; volume may still be quiet. Already-extended vertical moves do not belong here.
Heatmap cells on higher timeframes help confirm whether the press is isolated or aligned across 1h / 4h / 1d. Still paper research only.
Timeframes: 15m, 1h, 4h. Related: Base forming · Early lift · Already extended
RULES
Research rules
- Defined range high is established from closed candles.
- Distance to range high is within the breakout-proximity band.
- Range width remains tight (no runaway expansion yet).
- Already-extended vertical moves are excluded from this stage.
- Invalidation: failed test that closes back through mid-range with expansion.
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