๐Ÿ“Š Price Action ยท Continuation

Two-legged pullback

A pullback in a strong trend often forms two waves down (or up) before continuation. Enter on the third-wave impulse in the trend direction; stop beyond the pullback low/high.

Timeframe: Hourly / Daily
Indicators: Structure, Wave count
Scaffold page

This page shows the core summary above. Detailed setup, entry/exit rules, and an interactive chart for this strategy are being added in a follow-up pass. See the Price Action category for related strategies with full detail already added.

What the strategy does

A pullback in a strong trend often forms two waves down (or up) before continuation. Enter on the third-wave impulse in the trend direction; stop beyond the pullback low/high.

Tools it uses

General trading rules that apply

Regardless of the specific setup, these apply to every strategy on this site:

Educational content only

Every strategy here is an educational description of a widely-known technical setup. Past behavior does not guarantee future results. The chart above uses synthetic price data generated for illustration โ€” real market behavior varies. Backtest, paper-trade, and size responsibly before risking real capital.