#MarketPullback market pullback is a temporary price dip within a larger uptrend-spotting it early and can present great trading opportunities! Here’s how you can identify a pullback in real-time:
- Confirm the main trend (uptrend or downtrend).
- Watch for a short-term move against the trend
- Use technical indicators like moving averages (price often bounces at the 50/200 MA), RSI (dips near 30), and volume spikes.
- Look for support at key levels (trending, Fibonacci retracements).
- Wait for a bounce or reversal signal before entering.