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Who do you differentiate between Retracement and Reversal?

Elena Triston (ele020)
Feb 01 2021 at 07:39
219 โพสต์
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 2021 at 09:25
869 โพสต์
Retracement is temporary price reversals and reversal is when the trend changes direction.
Elena Triston (ele020)
Feb 02 2021 at 06:45
219 โพสต์
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 2021 at 04:21
14 โพสต์
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 2021 at 08:28
110 โพสต์
This is a quite long video, but this may be useful in helping you out in understanding the difference with these -
cardigan
Feb 23 2021 at 09:47
102 โพสต์
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 2021 at 07:51
45 โพสต์
Reversal is when the trend changes direction while retracement is a temporary price reversal that happens within a larger trend.
keyaanhenry
Mar 16 2021 at 10:03
18 โพสต์
You should get your basics clear and get used to the terminology and their meaning. Something I’ve learned.
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