A small fall in prices, generally of 3 to 5 days following a big trending move in bull market due to profit taking by traders. The trend needs to continue upward to constitute a pull back. Otherwise, this price action would be considered a top.
A small fall in prices, generally of 3 to 5 days following a big trending move in bull market due to profit taking by traders. The trend needs to continue upward to constitute a pull back. Otherwise, this price action would be considered a top.