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Market Intelligence › Basic Terminologies
Getting close at level and just getting the wick out are completely different things.
Published by The Retail Trader · JUL 31, 2026 · Market Structure
Break and Close vs Wick Break — Close at the level and just taking out the wick are completely different things. Most fakeouts are wick breaks.
This term comes under Market Structure, in the section "How to check the quality of the level". Not every line you draw is a level. These are the words by which the quality of a level is judged:
Other terms in this group — understanding them together is more useful:
• Touch Count
• Reaction Strength
• Freshness
• Confluence Zone
• Level Cluster
• Magnet Level
• Price Memory
• Invalidation
• Measured Move
• Round Trip
To read the entire group and all its examples in one place, see the journal "MARKET STRUCTURE: LEVELS, ZONES and SWINGS" - this term is taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.