Pullback trading involves waiting for the price to retrace or “pull back” to a support or resistance level after a breakout or a strong trend. The idea is to enter the trade when the price returns to these levels, assuming they will hold
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.