High Probability IB breakouts form when there is convergence in correlated instruments AND / OR Internals make new high / low. Either one should exist for IB breakout to be high probability.
Here is an example of IBB when Internals where showing downside and making lower lows.
![IBB breakout on ES. NQ did not breakout at this point BUT Internals, both TICK ans SPD made lower lows. This made it higher probability.](http://darbci.com/whome/wp-content/uploads/2014/09/IBB-Short.jpg)
IBB breakout on ES. NQ did not breakout at this point BUT Internals, both TICK ans SPD made lower lows. This made it higher probability.
Here is an example for a FAILED IB breakout for multiple reasons
1) Divergence in SPD. SPD did not make lower lows with IB breakout.
2) Divergence in NQ.