April 23, 2024

pullback trading

Pullback trading is a technical trading strategy that involves buying an asset after a prolonged decline. This strategy revolves around entering a market after a pullback, which is a short-term counter-trend move that generally brings the price of a security back below its highs or above its lows. Pullback strategies are one of the most popular trading methods used by traders and investors. This strategy seeks to capitalize on an asset’s momentum by buying on the dips and selling at the peaks. With pullback trading, traders can take advantage of attractive entry points, limit risk, and protect capital.

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