#MarketPullback
Market Pullback
The term “pullback” refers to a temporary correction in the price of an asset within a larger trend. This phenomenon is widely known among traders who use technical analysis to guide their operations. It occurs in uptrends or downtrends and represents a short-term counter movement.
During an uptrend, for example, the price briefly retreats before resuming its appreciation. In a downtrend, there is a momentary rise before the asset falls again.
The term “pullback” refers to a temporary correction in the price of an asset within a larger trend. This phenomenon is widely known among traders who use technical analysis to guide their operations. It occurs in uptrends or downtrends and represents a short-term counter movement.
During an uptrend, for example, the price briefly retreats before resuming its appreciation. In a downtrend, there is a momentary rise before the asset falls again.