Technical_Analysis_page_276

Technical | Analysis page 276 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 12 Trends—The Basics 247 Pullbacks and Throwbacks Variations of retracements that occur after a breakout, usually from a horizontal support or resist- ance zone but sometimes from a trend line, are called pullbacks or throwbacks depending on whether the breakout was downward or upward. When…