How to Identify Price Breakouts on Stock Charts

A breakout pattern forms after a market consolidation - the break out pattern is either downwards or upward as shown on example below:

How Do You Identify Indices Break Out Pattern on a Chart?

How Do You Identify Indices Breakout Pattern? - Price Breakout Downwards - Downward Trend

How Do I Identify Indices Breakout Pattern on a Chart?

How Do I Identify Indices Breakout Pattern? - Price Break Out Up-wards - Upward Trend