After a break of support or resistance, why does price sometimes make a pullpack? What is the physcology behind it?
In the above example why did price make a pullback after the trend line break? is it because the original buyers from the original swing low sold out their positions and took profits leading to price to pull back?
In the above example why did price make a pullback after the trend line break? is it because the original buyers from the original swing low sold out their positions and took profits leading to price to pull back?