pullback

Pullback, also known as temporary reversal. Is the phenomenon where the price of an asset adjusts against the main trend before continuing its journey. Usually occurs after a strong price increase or decrease. Pullback is an opportunity for the trader to enter the main trend at a better price. In this process. Price often returns to test support levels. Or resist before continuing on your path. This can take place in a bullish or bearish market. Traders often use trend reversal or continuation strategies to take advantage of pullbacks. Successfully navigating pullbacks requires a combination of market knowledge, technical analysis skills, and risk management strategies. Overall, recognizing and leveraging pullbacks can enhance trading profitability and contribute to long-term investment success.