#MarketPullback What is a pullback?
A pullback is a phenomenon in trading when there is a correction or a deviation of the asset's price from the trend movement in one direction. This phenomenon is temporary; the asset's price temporarily deviates in the opposite direction, either positively or negatively. If this price deviation is caught by a trader, it is possible to achieve quite a good profit. The main thing is to find the entry point for the trade, which is done when the price approaches the nearest support level or, conversely, resistance, which serves as a kind of signal. Then one can ignore the signal and wait for the correction; when the price breaks through the level, a relatively clearer picture of the further direction of the asset's price emerges.