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Before every collapse, there is a signal... and it's called Pullback.
Those who understand it, survive; those who ignore it, lose!
In this thread:
1/ What is a Pullback?
2/ Its types
3/ Indicators that reveal a collapse before it happens.
🧵(1/14)
1. What does Pullback mean?
The Pullback is a temporary corrective movement against the overall market direction.
This means if the market is rising, there is a slight and temporary drop before it continues to rise.
And if the market is down, there is a slight and temporary rise before it continues to fall.
In this thread:
1/ What is a Pullback?
2/ Its types
3/ Indicators that reveal a collapse before it happens.
🧵(1/14)
1. What does Pullback mean?
The Pullback is a temporary corrective movement against the overall market direction.
This means if the market is rising, there is a slight and temporary drop before it continues to rise.
And if the market is down, there is a slight and temporary rise before it continues to fall.
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