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Who do you differentiate between Retracement and Reversal?
Feb 01, 2021 at 07:39
722 Zobrazení
5 Replies
Členom od Apr 15, 2020
187 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
816 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
187 príspevkov
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.
Členom od Dec 15, 2020
11 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
81 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
99 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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