Breathing Series Part 1: Kettlebell Jerk
First dip - Exhale to deflate the abdominal cavity and bring elbow and hip together (the connection of elbow to hip is where you get the power to launch the bell).
Launch / triple extension - Inhale to lift the chest and drive the bell up.
Second dip - Exhale as heels hit the ground and arm locks out.
Drop from overhead lockout to rack position - Inhale as elbow drops straight down to the hip.