Dear Sir,
Definition:
A Bull Pullback is when a price action within the context of an uptrend traces an orderly price decline/retracement/correction from the peak of an up leg. Also called a Pullback Buy.
Background:
The power of an upside move after a retracement can be greater after a strong and steady uptrend due to the possible increase of underlying support.
A Bull Pullback can be stronger when the most recent swing high is also an all time high due to the potential lack of future overhead resistance.
Practical Use:
Technical analysts will often use the Bull Pullback pattern to begin looking for buy entries as the asset reaches support or "wholesale" areas.
@taarzan,
You double posted, and you didn't leave a link to the information you posted. Delete the extra post and update the original with a link to the information you quoted, and I'll give you an upvote.
Sir @cryptographic,
I sincerely apologize to you two comments from me for the temporary problem, hopefully you understand the issue and I delete a comment.
I have researched many things about this topic and tried to acquire some knowledge, I use a number of websites and Sir, I have given the information from the website that I have given the link in the description box below, hopefully you see it.
Link: http://bit.ly/2HkzZG4
Appreciate it!