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📖 Glossary/Pullback (repli)
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Pullback (repli)

Also called: repli, retracement, throwback

A pullback is a breather: a temporary, counter-directional move inside a trend. It offers a better-priced entry in the direction of the trend, rather than chasing a move that’s already extended. The whole challenge is telling a simple pullback apart from a genuine trend reversal.

See also