Is technology useless?

Trading Skills: Break and Pullback

1. Break: Refers to the price dropping and breaking through a significant support level or technical level. This is often seen as a signal that market sentiment is turning pessimistic, which may trigger further declines.
2. Pullback: After the price breaks below the support level, the market may experience a brief recovery, known as a "pullback." The process of a pullback refers to the price rebounding upward shortly after breaking the support level, potentially trying to return to the previous support level (which at this point becomes a resistance level).
In summary, "break and pullback" describes a price trend: the price first breaks below a support level, then experiences a rebound in the short term, trying to return to that support level. This phenomenon is often used in technical analysis to assess further market movements, and traders may formulate buying or selling strategies based on this pattern.

Technical aspects are the tools for opening positions, long and short points are for following trades.
Independent trading, whether losing or winning, is done with understanding.