PULLBACK
So what exactly is a pullback in Forex?
A pullback is where the traders retreat.
Get some more soldiers to storm the castle gate.
Best way to explain is to place the computer monitor on the coffee table.
On Wednesday, October 5, 2025.
Gold has a strong support around $3928.
Traders failed to break the support wall/fence.
So traders pullback to the Woodie Pivot to get some more soldiers.
Gold traders tries again to break the firewall at the bottom but can't.
Traders now have to pullback to Woodie Resistance (1) to get some more strong soldiers.
If that fails, then traders have to pullback to the hightower castle of the Market Profile indicator to get some more traders.
Attachments forums
Re: Banzai Stuffs: backtestings, forex notes, etc...
Banzai, Wed Nov 05, 2025 2:17 pm