- Bear Pullback / Pullback Sell Trading Pattern
A Bear Pullback is when a price action within the context of a downtrend traces an orderly price increase/retracement/correction from a low of a down leg. Also called a "Pullback Sell."
The power of a downside move after a retracement can be greater after a strong and steady downtrend due to the possible increase in overhead resistance.
They can be stronger to the downside when the most recent swing low is also an all time low due the potential lack of future underlying support.
Technical analysts will often use the Bear Pullback pattern to begin looking for sell short entries as the asset reaches resistance or "retail" areas.
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