#TradingSignals #TechnicalAnalysiss
"Understanding Breakout vs Pullback in Trading ๐๐ก
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.
Breakout๐ก
๐ธHelps to capture big moves ๐
๐ธOccurs when the price breaks through a resistance level
Pullbackโก
๐ธSafest as this is a retest of the level ๐
๐ธProvides a second chance to enter a trade after a breakout