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Pullback trading involves buying the dip in an existing trend. But beware of common mistakes:
1️⃣ Don’t wait only at support/resistance.
2️⃣ Don’t enter too early!
🔑 How to Trade Pullbacks?
Strong Trend: Use the 20 MA for potential entries.
Healthy Trend: Look for rejections at the 50 MA and previous support/resistance.
Weak Trend: Watch the 200 MA or key support/resistance levels.
Watch and learn to read the trend and improve your pullback trading! 🎯
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