#TradingSignals #TechnicalAnalysiss

"Understanding Breakout vs Pullback in Trading ๐Ÿ“ˆ๐Ÿ’ก

Breakout and Pullback. A breakout occurs when the price moves above a resistance level, indicating a potential upward trend. On the other hand, a pullback is a temporary reversal of the trend, often seen as a retest of the level before continuing in the original direction.

Breakout๐Ÿ’ก

๐Ÿ”ธHelps to capture big moves ๐Ÿš€

๐Ÿ”ธOccurs when the price breaks through a resistance level

Pullbackโšก

๐Ÿ”ธSafest as this is a retest of the level ๐Ÿ”’

๐Ÿ”ธProvides a second chance to enter a trade after a breakout