Xflowmarkets- IND

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The power of investing🧑‍🏫 🧐 on your way to ⭐️🤩
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🤔 What is a bullish pullback?

🔵 A Bull Pullback is when a price action within the context of an uptrend traces an orderly price decline/retracement/correction from the peak of an up leg.

😯 How do you know if its a pullback?

🔵 A pullback is when price temporarily moves against the underlying trend. In an uptrend, a pullback would be a move a lower. In a downtrend, a pullback would be a move higher.

🧐 What percentage is considered a pullback?

🔵 Pullbacks are typically drops of about 5% to 10% and are very short-term. They are common in a bull market. 🙌
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