Breakout-Pullback / Trend Termination hybrid setupDeere & CompanyBATS:DEEnd_Of_Day_TraderThis is a textbook Breakout-Pullback / Trend Termination hybrid setup. For months, the stock was locked in a clean, structurally sound markdown phase, defined by the primary descending green trendline. In early June, we saw a definitive structural shift: an impulsive break above that trendline, which signaling that the dominant bearish regime had lost control. The trade entry captured in is an attempt to buy the first clean pullback after that breakout. Technical Breakdown Price Action & The Basis Line: The pullback from the initial breakout spike was orderly and reluctant. The recent candles show clear downward price rejection (lower wicks), proving that buyers are stepping in exactly where they should to defend the new macro structure. The Trendline Flip: This setup benefits from "role reversal"—the previous descending resistance line is now acting as an additional layer of diagonal support. Momentum & Structure Alignment Looking down at the EOD Momentum Gauge (3, 10, 16): The fast line (Neon Orange) experienced a sharp surge during the initial breakout, confirming genuine buying pressure rather than a random noise fluctuation. During the recent pullback, the fast line reset beautifully toward the slow signal line (Cyan) without plunging deeply into negative territory. It is currently curling back upward above the zero line. This tells us the counter-trend downward momentum has dried up, putting the statistical probability of the next clean daily swing firmly in the bulls' favor.