There are 2 Types of Pullback Setups - LEARN BOTH

Here I'd like to share my favourite entry method.

The chart is self explanatory.

Let me know if you have any questions ....

This will happen during Wave 3 and Wave 5 (for those who subscribe to the Elliott Wave theory)

This pattern is sometimes called the Retrace, the Dip, the Pullback, the ABC correction, the ZigZag. The BOMB (by guerilla guys)