Aksel Kibar, CMT(@TechCharts):As momentum/breakout traders we need to be indifferent on the possible direction of the price action. We need as much as possible uninterrupted directional movement. Choppy markets are where the breakout strategy struggles. This rectangle could have broken on the upside, the way to take advantage of the directional move would have been the same.

Aksel Kibar, CMT

@TechCharts

Chartered Market Technician (CMT) and Classical chart trader. Ex-Fund manager. 📈 ➡️ 📺 ➡️

Joined May 2011

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Aksel Kibar, CMT@TechCharts

2026.11.06 07:05

As momentum/breakout traders we need to be indifferent on the possible direction of the price action. We need as much as possible uninterrupted directional movement. Choppy markets are where the breakout strategy struggles. This rectangle could have broken on the upside, the way to take advantage of the directional move would have been the same.