The first day of the breakout, for upward breakout only while I have no observation and no interest on the downward breakout, is like a rocket launched to the sky; the crowd got very anxious in the first few minutes whether it was going to succeed or not and then after a while the crowd was assured. The same way as the stock.
I always use both of them breakout and big retrace ones. I just use the rule of confirmation on the breakout ones, and on the retracements I use the SMA20 recrosing to the uptrend. That is my strategy and never had a big fail in these days.
Must be just you. I find retracements work much better. It obviously depends on your system and the markets you are trading though.