Elena Triston
(ele020)
Členem od Apr 15, 2020
219 příspěvků
Feb 01 2021 at 07:39
I welcome views from both Newbies and experience traders that when do you know if its a retracement of reversal?
The more your practice, the more you learn.
LyudmilLukanov
Členem od Jul 23, 2020
793 příspěvků
Feb 01 2021 at 09:25
Retracement is temporary price reversals and reversal is when the trend changes direction.
forextrader777
Členem od Jan 16, 2021
128 příspěvků
Feb 01 2021 at 12:24
Reversal is there when the price continues for a longer period in the direction of the trend.
Retracement is there when there is a temporary price reversal which does not make any changes in the larger trend.
Retracement is there when there is a temporary price reversal which does not make any changes in the larger trend.
Elena Triston
(ele020)
Členem od Apr 15, 2020
219 příspěvků
Feb 02 2021 at 06:45
forextrader777 posted:
Reversal is there when the price continues for a longer period in the direction of the trend.
Retracement is there when there is a temporary price reversal which does not make any changes in the larger trend.
Right, but how do you identify if its going to be a retracement or reversal for the purpose of planning your trade?
The more your practice, the more you learn.
lanayates
Členem od Dec 15, 2020
14 příspěvků
Feb 23 2021 at 04:21
There is a bit of difference between the two. Reversal is when a trend changes direction while retracements are price reversals that happen within a larger trend. They are usually temporary in nature.
robindude
Členem od Dec 11, 2020
107 příspěvků
Feb 23 2021 at 08:28
This is a quite long video, but this may be useful in helping you out in understanding the difference with these -
cardigan
Členem od Jul 27, 2020
102 příspěvků
Feb 23 2021 at 09:47
robindude posted:
This is a quite long video, but this may be useful in helping you out in understanding the difference with these -
This is very useful, thank you for sharing this
klosspiece
Členem od Dec 22, 2020
36 příspěvků
Mar 03 2021 at 07:51
Reversal is when the trend changes direction while retracement is a temporary price reversal that happens within a larger trend.
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