Pullbacks in Trading

FX:USDCAD   U.S. Dollar / Canadian Dollar
in trading you will see this patterns over and over again this is how the market works.

Don’t let pullbacks scare you a pullback needs to happen in order for price to continue its movement.

If you see below on the chart if you have bought all the way down you could have got all that move up without being scared of pullbacks because you know and you are confident in your trading think like that and you will go far in the market.

This is a a very effective way of understanding where the market is going.

Only way a pullback can really damage this chart is if it breaks your buy position which it would have been all the way down from the first pullback.

Good luck in your trading.


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