Trading strategies are critical for successful trading in financial markets. Two popular trading strategies are pullback and breakout trading. Pullback trading involves entering a position after a price retracement, while breakout trading involves entering a position at the start of a new trend. Both strategies have their advantages and disadvantages, and traders...
Here are some common types of pullbacks that traders may encounter:
Shallow pullback: A small retracement of a stock's price, typically less than 10%.
Deep pullback : A larger retracement of a stock's price, typically between 10% and 20%.
Trendline pullback: A retracement to a trendline that connects previous highs or lows.
Moving average pullback: A...
