To trade a Long breakout above a Pivot High,
you are essentially buying the highest price at that point of time.
or when taking a Short trade with Breakdown of Pivot Low,
you are essentially selling the lowest price at that point of time
Ask yourself if you are comfortable doing that, and only if the answer is yes, try to master these methods.
Basically with all trend following systems that use some kind of breakout as entry for the trade
we need to develop a mind set of buying high for a long entry and selling low for a short entry.
Those who are not comfortable with identifying pivots can try to use the N-bar breakout method for entry
maybe filtered with a moving average. but be aware that these types of systems have a low win/loss ratio.
N-bar breakout was used in Turtles Trading Method as entry along with a very elaborate position sizing / MM Plan
they had deep pockets and were trading a highly diversified portfolio using multiple markets . . .
As we are trading a single market, we need to be also ready for deep draw downs . . .
The major part of a trader education is not about learning price action entry / exit methods etc
It is accepting the characteristics of the trading systems like low strike rate, deep draw downs, etc
And for some friends . . .
not able to buy the lowest tick or sell the highest tick is the biggest problem
with these trend following breakout systems
Edit:
Although it was a 22 Days Break-Out method for entry,
it was named as
The Donchian Breakout System by the Turtles
So those who want to know more can google for it.