Pullback

A pullback is normal counter-direction movement inside a larger directional structure. The mistake is assuming that any movement against your position means the thesis has failed — or, at the other extreme, calling every adverse move 'just a pullback' no matter how deeply it damages the structure.

A healthy pullback usually gives back limited territory, develops more friction than the original expansion, and does not cross the mechanical wrong point. Counter-direction candles may appear, but they do not build their own clean, persistent relocation deeply through the prior structure.

The distinction is structural, not emotional. Your unrealized profit can shrink substantially while the thesis remains valid, or the thesis can fail after a relatively small monetary move if the structural wrong point was close. Evaluate what the market is doing to the structure you traded, not how uncomfortable the P&L has become.