Who do you differentiate between Retracement and Reversal?
Feb 01, 2021 at 07:39
396 Zobrazení
5 Replies
Členom od Apr 15, 2020
219 príspevkov
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.
Členom od Jul 23, 2020
869 príspevkov
Feb 01, 2021 at 09:25
Retracement is temporary price reversals and reversal is when the trend changes direction.
Členom od Apr 15, 2020
219 príspevkov
Feb 02, 2021 at 06:45
forextrader777 posted:Right, but how do you identify if its going to be a retracement or reversal for the purpose of planning your trade?
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.
The more your practice, the more you learn.
Členom od Dec 15, 2020
14 príspevkov
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.
Členom od Dec 11, 2020
110 príspevkov
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 -
Členom od Jul 27, 2020
102 príspevkov
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
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