Why a Breakout Needs Acceptance
A breakout candle can look powerful, but the real question is what happens after the breakout.
Does price hold above resistance? Does buying continue to lift the offer? Does the market build value at the new level?
If price immediately falls back into the previous range, the breakout may have failed.
I don't want to judge a breakout by one candle alone. I want to see whether the market accepts the new price.
A breakout shows movement. Acceptance helps explain whether that movement is holding.