All,
What does or is a pull back mean when you look at a chart?
If the trend is on the up is a pull back a small change in direction i.e. a couple of candles down before going back up on the uptrend/
If the trend is on the down (short) is it when the price moves up a couple of candles before going down again?
Finally is pull back the same as retracing?
Many thanks
What does or is a pull back mean when you look at a chart?
If the trend is on the up is a pull back a small change in direction i.e. a couple of candles down before going back up on the uptrend/
If the trend is on the down (short) is it when the price moves up a couple of candles before going down again?
Finally is pull back the same as retracing?
Many thanks