Uptrend
Technical analysisA price structure of successively higher highs and higher lows.
In plain terms
Mechanical, not a matter of opinion. Mark the swings and read the sequence.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Pullback entry
Technical analysisBuying a temporary decline within an established uptrend, at a moving average or Fibonacci retracement, on a bullish reversal candle.
In plain terms
The best risk-reward of the common templates, because the stop sits just under a nearby low. Skip it when the pullback arrives on heavier volume than the advance — that is distribution.
Trendline
Technical analysisA straight line connecting successive swing lows in an uptrend or swing highs in a downtrend.
In plain terms
Two points make a line; three touches make it evidence. Steep ones break constantly.
Double top
Technical analysisA reversal pattern where price fails twice at the same level, confirmed only when the low between the two peaks breaks.
In plain terms
Calling it while price is still approaching an old high is one of the more reliable ways to short a strong uptrend. Until the intervening low goes, this is a test of resistance.
Range shift
Technical analysisThe tendency of an oscillator such as RSI to occupy a different band of readings depending on whether the market is trending or ranging.
In plain terms
In a strong uptrend pullbacks bottom near 40–50, not 30. Waiting for the textbook oversold reading in a trending stock means never buying at all.