Acceptance Breakout

An acceptance breakout is not defined by price briefly crossing a line. The important evidence comes after the crossing. Price relocates beyond the prior boundary, shows follow-through, and remains outside the old structure long enough to demonstrate that the new territory is being used rather than immediately abandoned.

A later pullback can revisit the old boundary without invalidating the breakout. What matters is the depth and behavior of that return. A shallow revisit followed by renewed expansion can be completely consistent with acceptance. A deep move back toward the middle of the old range tells a different story because the market is no longer preserving the relocated territory.

This is why the framework separates breakout from acceptance. Crossing identifies the event. Follow-through and subsequent structure tell you whether the event became meaningful enough to build a thesis around.