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Who do you differentiate between Retracement and Reversal?

ele020 (ele020)
Feb 01 at 07:39
165 messages
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
Feb 01 at 09:25
377 messages
Retracement is temporary price reversals and reversal is when the trend changes direction.

forextrader777
Feb 01 at 12:24
78 messages
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.

ele020 (ele020)
Feb 02 at 06:45
165 messages
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
Feb 23 at 04:21
14 messages
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
Feb 23 at 08:28
92 messages
This is a quite long video, but this may be useful in helping you out in understanding the difference with these -

cardigan
Feb 23 at 09:47
86 messages
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
Mar 03 at 07:51
35 messages
Reversal is when the trend changes direction while retracement is a temporary price reversal that happens within a larger trend.

keyaanhenry
Mar 16 at 10:03
18 messages
You should get your basics clear and get used to the terminology and their meaning. Something I’ve learned.

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