Uptrend Pullback Trafing strategy (Scana)Pullbacks are an expected feature of any long-term uptrend.
A pullback is a momentary price reversal or correction that occurs within the context of the current trend. It is a brief retracement against the dominating trend before the price returns to its original direction.
Technical analysis tools such as trend lines, moving averages, and Fibonacci retracement levels can be used to identify pullbacks.
