1Uptrend
The market rises, reaches a peak, then retraces to form a low.
THE TRENDHorizontal Pullback
In an uptrend, price pulls back to the horizontal level that launched the last leg up. That old launch point is where buyers step back in.
- BUY SIGNAL
- As price nears the horizontal support
- SELL STOP
- Below the support line
- EARLY ALERTS
- 10% alert at a 90% retrace, 5% alert at 95%
- TREND
- An uptrend with a new high above the support
● PATTERN ANATOMY · MODEL
02 · ANATOMY
Three steps make the pullback
A continuation pattern: the trend is already up. Hover a card to light it up on the chart.
2Support
The low becomes a horizontal level: the launch point of the next leg up.
THE LAUNCH POINT3Pullback
After a new high, price retraces back towards that support. The buy sits just above it.
THE ENTRY03 · FORMATION
Where the support comes from
Wait for at least two valid bounces and a clean structure before planning the entry.
The launch point
The support is the horizontal level that launched the last leg up, before the new high.
1clear level
Two early alerts
We measure the distance from the recent high back to the support and alert you as price closes in.
90%retrace95%retrace
04 · SIGNAL & RISK
From the signal to the trade plan
Every Yard Charts alert draws these levels for you, so you know the entry and where the setup fails before you act.
Price retraces 90%
The first alert fires when price has retraced 90% of the distance from the recent high to the support.
Buy near the support
The second alert fires at 95%. The bullish entry is taken as price nears the horizontal support.
Stop below the support line
Set the sell stop below the support. A close under it means the level has failed.
Reading the risk/reward. Buying near the support keeps the distance to the stop small. Our alerts project a reward zone at three times that risk.
05 · WHY IT WORKS
Old resistance turns into support.
A known levelThe launch point is where buyers already proved their strength once.
Trend intactA pullback to support is a pause in the uptrend, not the end of it.
Second chancesTraders who missed the last leg wait at the level to buy.
Tight, clear riskThe stop sits right below the support, so the risk is small and defined.
06 · IN THE WILD
Real alerts from our scanners
Two Horizontal Pullbacks flagged on the daily scan of 2026-10-09.
VODVodafone · Communication Services
DAILY ALERT · 2026-10-09- BUY
- 15.50
- SELL STOP
- 15.27
- RISK
- 1.5%
- 3R ZONE
- 16.19
Pullback towards the 15.27 support lineOpen the alert chart
GNLGlobal Net Lease · Real Estate
- BUY
- 7.68
- STOP
- 7.48
- RISK
- 2.6%
Where these come from
Vodafone and Global Net Lease are stock alerts, part of Standard. ETFs, Forex, Crypto and BSE are in the Free plan.
Compare plansHistorical performance
Historical cases show meaningful upside when confirmation and risk management are respected: buy near the support, keep the stop below it.
01 · WATCH
See it explained on a live chart
- How to find the launch point in an uptrend
- What the 10% and 5% alerts mean
- Where the buy and the stop go
Its bearish twin: Horizontal Retracement
The same idea in a downtrend. Price retraces up to the horizontal resistance that launched the last leg down, and the sell sits just below it.
READ ALSO
The other seven patterns
Let the scanners catch the next pullback.
Every alert comes with the buy, the stop and the reward zone. Free forever on 4 markets.