#MarketPullback A "market pullback" is a temporary decrease in the price of an asset or the market in general, within a broader trend, whether bullish or bearish. It is a movement opposite to the prevailing trend, but it does not necessarily indicate a long-term trend change.
Main characteristics of a pullback:
Temporary:
The pullback is a brief pause or correction in price, not a permanent change in the trend.
Within a trend:
It occurs within an already established bullish or bearish trend.