Trading Strategy
Pullback Strategy
Buying a temporary dip inside an established uptrend rather than chasing strength.
intermediate
swing
Entry rules
- 1 Price pulls back to the 20 or 50 day average
- 2 The wider trend remains up
- 3 A reversal candle forms at the average
Exit rules
- 1 Prior high is reached
- 2 Stop below the moving average
- 3 Trend structure breaks