Pullback

Technical Analysis

A temporary reversal in price within a larger trend. Pullbacks in an uptrend are declines to support; pullbacks in a downtrend are rallies to resistance. Often provide entry opportunities.

Related Terms

Retracement

A temporary price move against the prevailing trend, typically measured in percentage terms.

Support

A price level where buying pressure tends to overcome selling pressure, causing the price to stall or bounce upward.

Trend

The general direction of price movement.

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Pullback Trading Strategies

Level 6: Advanced Strategies · 22 min