Shoulder breakout

A shoulder breakout pattern occurs when price crosses the previous Kagi line. It is a bullish breakout pattern.

In the Kagi chart, the shoulder breakout is a bullish swing breakout pattern.

This pattern will display the stocks that triggered the bullish shoulder breakout pattern.

This pattern can be plotted on the chart by adding it from the study menu in TradePoint & RZone. The pattern is also available in the system builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.

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