#BreakoutTradingStrategy Trading on a breakout is usually conducted with pending orders. Occasionally, a trader may open a market position if they know exactly when there will be high volatility in the market (for example, during the release of important news) and personally monitor the situation to make a decision at the right moment. However, this tactic is considered quite controversial and is suitable only for experienced traders.

Once the key level is identified and the price moves towards it, pending orders are set as follows: