Who do you differentiate between Retracement and Reversal?

ele020

Apr 15, 2020 부터 멤버 게시물187

Feb 01, 2021 at 07:39

Apr 15, 2020 부터 멤버 게시물187

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

Jul 23, 2020 부터 멤버 게시물816

Feb 01, 2021 at 09:25

Jul 23, 2020 부터 멤버 게시물816

Retracement is temporary price reversals and reversal is when the trend changes direction.

ele020

Apr 15, 2020 부터 멤버 게시물187

Feb 02, 2021 at 06:45

Apr 15, 2020 부터 멤버 게시물187

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

Dec 15, 2020 부터 멤버 게시물11

Feb 23, 2021 at 04:21

Dec 15, 2020 부터 멤버 게시물11

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

Dec 11, 2020 부터 멤버 게시물81

Feb 23, 2021 at 08:28

Dec 11, 2020 부터 멤버 게시물81

This is a quite long video, but this may be useful in helping you out in understanding the difference with these -

cardigan

Jul 27, 2020 부터 멤버 게시물99

Feb 23, 2021 at 09:47

Jul 27, 2020 부터 멤버 게시물99

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

EURUSD	1.12915	GBPUSD	1.32819	AUDUSD	0.63936
USDJPY	144.179	USDCAD	1.38048	USDCHF	0.82831

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Who do you differentiate between Retracement and Reversal?