Simple Pullback Trading Strategy (MUST WATCH)

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In this video I am going to be sharing an amazing strategy to catch market pullbacks.

But before we start, be sure to subscribe to our channel so that you don’t miss on any of our new videos.

With that being said, lets get into today's video.

First, we need to understand how does the market move.

The market moves in three phases. An Uptrend, A downtrend, and a sideways range.

When the market is in an uptrend. It does not move in a straight line. Instead, it moves in price swings. Price swings can also be called as price waves. A single price wave consists of two types of moves. An impulsive move and a corrective move.

An impulsive move is a strong move that occurs in the direction of the trend. This means that in an uptrend. The up moves will be considered as an impulsive move. On the other hand, small moves that occur against the trend are called as corrective move.

A corrective move can also be called as a pull back.

Hence. In an uptrend, these small down moves will be called as pullbacks. On the other hand, in a downtrend, these small up moves will be called as pullbacks.

These pull backs give us the opportunity to enter the trend on a discount. Hence, our objective as a trader is to enter the market on these pullbacks and catch the trend.

In order to achieve this, we will use 3 indicators.

Видео Simple Pullback Trading Strategy (MUST WATCH) канала Trade Prime