Essential Trading Knowledge! The Secrets of Breakout Candlesticks In trading, breakout candlesticks are a crucial signal! The chart illustrates two breakout scenarios. When a weak breakout occurs without a confirmation candlestick pullback, it's best to avoid entering the market if the second candlestick performs poorly. A strong breakout, however, is different. After the price retraces to confirm the breakout, the appropriate entry point is at a suitable level. Pay close attention to the second candlestick, as the price often (but not always) retraces to the 62% Fibonacci retracement level of the first candlestick's range. Mastering these breakout candlestick concepts will help you better time your trades. However, trading involves risk, and the above information is for reference only. Exercise caution in actual trading! #US Non-Farm Payrolls Exceed Expectations