Step by step
How to read it
- 1During the candle, price traded above the level.
- 2But it closed back below — the level held.
- 3This candle closes above. Now the level is broken.
Watch out
Common mistake
Reacting to the price in the middle of a candle. Until the period ends, nobody knows the close.
In one line
Definition
The last price of a candle’s period — the price that counts most when judging a level.
Check yourself
Check yourself
Which tells you a level broke?