pullback in A Sentence
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Volume analysis: Pullback from record highs lacks substance.
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We expect a Pullback to the top from this level.
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We expect a Pullback to this level from this level.
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A bearish cross would simply suggest a Pullback within a bigger uptrend.
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A Pullback towards parity- and beyond- seems like the only realistic possibility.
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Once the uptrend is defined, the lowest strategy to trade is- buy on Pullbacks.
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This Pullback support turns into a strong graphical overlap support if price reverses off it.
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When a reversal starts, it isn't clear whether it is a reversal or a Pullback.
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Any Pullback from the overhead resistance level is likely to find support at $4.8719.
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Likewise, with five retracement levels, there won't be many Pullbacks that I will miss.
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That way they don't need to worry about whether the counter-trend move is a Pullback or reversal.
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Short-term changes in the XAU/USD pair are perhaps best understood in terms of Pullbacks and breakouts.
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If reversals were easy to spot, and to differentiate from noise or brief Pullbacks, trading would be easy.
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If you look closely you will notice how the Pullbacks happen into the regions of past support levels.
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In this case, the potential target is 1.3052, when this level is reached, we expect a Pullback to the top.
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We(Mapsignals) continue to be bullish on U.S. equities in the long term, and we see any Pullback as a buying opportunity.
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As per definition of an uptrend, the price punching through the resistance and Pullback before it makes another higher high.
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These retracements or Pullbacks are what you as a swing trader want to watch for when initiating long or short positions.
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Once the second upward swing was completed, the price had a Pullback to the 38.2% Fibonacci retracement level, then resumed the uptrend.
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In the following chart, we show how in a downtrend, price made several Pullbacks right to previous support levels which turned to resistance.
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It relies on what is called a Pullback and to fully understand how it works we must discuss the more fundamental concept the trend.
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A reversal keeps going and forms a new trend, while a Pullback ends and then the price starts moving back in the trending direction.
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The subsequent rally reversed at 44, yielding a Pullback that finds support at the 50-day EMA(3), triggering a third bullish turn above the oversold line.
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It also accompanies the Fibonacci Retracement tool nicely since the Fibonacci Retracement is traditionally used to get good entries on Pullbacks from an existing trend.
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They provide us with a way to avoid overextensions and focus our attention where it belongs on Pullbacks to the mean price within a trend.
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Other crossover type signals include an RSI moving above 70 or 80 and then back below, indicating the overbought condition may be proceeding with a Pullback.
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The Pullback can drag the XTZ/USD pair to $2.67141380, which is the 38.2% Fibonacci retracement level of the recent leg of the rally from $1.4576 to $3.4217.
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Some commentators have used the bizarre term“justice fatigue” to describe the Pullback that often occurs when communities of resistance are faced with increased surveillance, infiltration, harassment, and arrest.
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The breakdown of the last value will lead to movement to a potential target- 108.76, when this level is reached, we expect a Pullback to the bottom.
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The breakdown of the last value will lead to movement to a potential target- 119.60, when this level is reached, we expect a Pullback to the bottom.
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