One way to trade a breakout is after the break has occurred. You may not have noticed the significance of a particular technical level, or you may not have left orders in overnight to exploit a break. You turn on your computer the next morning to discover that prices have jumped higher overnight and feel like you’ve missed the boat.
But you may still get a chance to trade the breakout if prices return to retest the breakout level.
But you may still get a chance to trade the breakout if prices return to retest the breakout level.