I need help on how to identify shallow and sharp pullback
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Pull-backs are valuable because they allow for a more reliable entry into a trend, hopefully at a discount to recent extreme prices, and hopefully at a point that tends towards confirmation of the trend direction.
The first thing to do is define what is a pull-back for the purposes of your strategy, i.e. what is a pull-back that you would take a trade on. This necessarily means you would not take a trad eon any other kind of pull-back.
Pull-backs aren’t standardised but if you use candlesticks you can make your own definition - for example in an uptrend -
- a lower close, or maybe two successive lower closes
- a candle with a lower high and a lower low: or two successive: or three etc.
- a candle that breaches a specified MA
- a candle that closes below a specified MA
Its your own definition that counts.
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Is it something like this you are looking for?
Thanks for all your help . I’d figure out shallow other pullbacks . Buy reading some pullback based books
i think you already got the answer by Tommor. thanks dear for your nice post , you always done great job by means of very good information.
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Sharp pullback spins in volatility. Retesting can be noticed by a sharp pullback. The sharp pullback is usually 50%.
The price is impulsive when the market starts shallow pullback and ranges the price when shallow pullback starts.
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The amount of retest after a trendy momentum is called a sharp pullback.
Now the question is how much pullback can be. This is usually understood based on market sentiment.
By following the movement of the market, candle, volatility, etc., it is possible to understand when the shallow movement may come.
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What moving averages do you recommend us for the shallow and sharp pullbacks ?
I think it is necessary to use 20 exponential moving averages. The gravitational force pulls the price closer to this moving average.
I do not understand what gravity has to do with it. If it is a bull market, isnt’ that antigravity?
When the price is far away from the moving average, he tries to pull the price towards him. For example, I use 20 Exponential Moving Average.
Hi Kathlyn,
Thank you for explaining. I believe they call this reversion to mean (average) value. I have edited my post to remove my reference to bot. It’s good to know you are a real person. 
Thank you, trading is a community where the whole world comes together.
For the shallow and sharp pullbacks, what moving averages would you recommend?
according to me the result of moving average its all about very short time , nothing without it
All of them. Back test them all and you will soon see that (probably) none of them alone, nor any combination of them would result in a positive edge over multiple timeframes (eg years)