Breakout Retest

Price broke above resistance then came back to retest it and held so the stop sits at C. C sits just past the setup's low while A and B get clipped by normal wiggle.

Traders call this setup a Breakout Retest. It means an old wall flipped into support once price retested it.

Watch the breakout candle the pullback to the line and the candle that holds it. Enter once price closes back above the line with your stop below it at C.