BREAKOUT ROOM JULY 17, 2026 – LIVE MEETING, CHARTS Q&A (Recording)
BREAKOUT ROOM JULY 17, 2026 – LIVE MEETING, CHARTS Q&A (Recording)
Meeting Outline
- Q&A on charts of your interest
GLOBAL EQUITY MARKETS – July 18, 2026
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is trading well above its 200-day average at 146.2. The gap above 151.4 was filled during short-term weakness. Breakdown below 152.6 levels can complete a short-term top and can become part of a reversion to the mean. Bearish chart pattern completions above the long-term averages are more prone to failure as they take place against the overall trend. Breach of the high of right shoulder at 158.5 can result in a H&S top failure and offer a long signal with the price target of 166 levels.
BREAKOUT ROOM FRIDAY 17th of July 9:00 AM EST (Eastern Standard Time) – LIVE MEETING, CHARTS Q&A
BREAKOUT ROOM FRIDAY 17th of July 9:00 AM EST (Eastern Standard Time) – LIVE MEETING, CHARTS Q&A
Meeting Outline
- Q&A on charts of your interest
Tech Charts Members,
We continue with our Breakout Room meetings to discuss charts of your interest. This meeting’s scheduling targets Americas & Europe members. I will share my screen and will pull up chart of your request and review patterns and opportunities from the perspective of classical charting principles. We had several meetings that were a success and we got the chance to review so much in the allocated time. I hope this time as well we will cover as many charts and questions as possible.
A Framework for Classifying Chart Pattern Breakouts
Extending Peter Brandt’s Last Full Day Low Rule: A Framework for Classifying Chart Pattern Breakouts
Introduction
Peter Brandt is widely recognized for his disciplined approach to classical chart pattern trading. While much attention is given to identifying chart patterns and measuring price objectives, Brandt places equal importance on trade management and risk control. One of the cornerstones of his methodology is the Last Full Day (LFD) Low Rule, which provides an objective reference point for managing risk immediately after a breakout.
Beyond its application as a protective stop, the Last Full Day Low can also serve as an effective tool for evaluating the quality of a breakout. By observing how price behaves relative to this level after a breakout, chart patterns can be classified into four distinct categories ranging from high-momentum breakouts to complete failures.
This article combines Brandt’s original concept with a systematic breakout classification framework.
CRYPTOCURRENCIES – July 14, 2026
BTCUSD is at its 60K support after breaking down channel boundary at 71.5K. ETH/BTC shows signs of strength inside the downtrend channel. Breakout from the channel can favor ETH over BTC.
GLOBAL EQUITY MARKETS – July 11, 2026
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is trading well above its 200-day average at 145.7. The gap above 151.4 was filled during short-term weakness. Breakdown below 152.6 levels can complete a short-term top and can become part of a reversion to the mean. Bearish chart pattern completions above the long-term averages are more prone to failure as they take place against the overall trend. Breach of the high of right shoulder at 158.5 can result in a H&S top failure and offer a long signal with the price target of 166 levels. With the last two week’s price action, I’m leaning more towards the possibility of a H&S top failure and the continuation of the existing uptrend.
GLOBAL EQUITY MARKETS – July 4, 2026
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is trading well above its 200-day average at 144.67. The gap above 151.4 was filled during short-term weakness. Breakdown below 152.6 levels can complete a short-term top and can become part of a reversion to the mean. Bearish chart pattern completions above the long-term averages are more prone to failure as they take place against the overall trend. Breach of the high of right shoulder at 158.5 can result in a H&S top failure and offer a long signal with the price target of 166 levels.
GLOBAL EQUITY MARKETS – June 27, 2026
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is trading well above its 200-day average at 144.67. The gap above 151.4 was filled during short-term weakness. This week’s sell-off tested the short-term support at 152.6 levels which is the neckline of a possible short-term H&S top. Breakdown below 152.6 levels can complete a short-term top and can become part of a reversion to the mean. Bearish chart pattern completions above the long-term averages are more prone to failure as they take place against the overall trend. Breach of the high of right shoulder at 158.5 can result in a H&S top failure and offer a long signal.
CRYPTOCURRENCIES – June 22, 2026
BTCUSD forms is at its 60K support after breaking down channel boundary at 71.5K. ETH/BTC in a downtrend channel. Trend is once again favoring BTC over ETH. Short-term consolidations on alt coins completed on the downside, confirming downtrends.
BREAKOUT ROOM JUNE 18, 2026 – LIVE MEETING, CHARTS Q&A (Recording)
BREAKOUT ROOM JUNE 18, 2026 – LIVE MEETING, CHARTS Q&A (Recording)
Meeting Outline
- Q&A on charts of your interest
In Association with:
Latest Posts
BREAKOUT ROOM JULY 17, 2026 – LIVE MEETING, CHARTS Q&A (Recording)July 19, 2026 - 12:56 pm
GLOBAL EQUITY MARKETS – July 18, 2026July 18, 2026 - 10:11 am
A Framework for Classifying Chart Pattern BreakoutsJuly 14, 2026 - 1:26 pm
As Seen On:
