Who do you differentiate between Retracement and Reversal?

ele020

会员从Apr 15, 2020开始 187帖子

Feb 01, 2021 at 07:39

会员从Apr 15, 2020开始 187帖子

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

会员从Jul 23, 2020开始 816帖子

Feb 01, 2021 at 09:25

会员从Jul 23, 2020开始 816帖子

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

ele020

会员从Apr 15, 2020开始 187帖子

Feb 02, 2021 at 06:45

会员从Apr 15, 2020开始 187帖子

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

会员从Dec 15, 2020开始 11帖子

Feb 23, 2021 at 04:21

会员从Dec 15, 2020开始 11帖子

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

会员从Dec 11, 2020开始 81帖子

Feb 23, 2021 at 08:28

会员从Dec 11, 2020开始 81帖子

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

cardigan

会员从Jul 27, 2020开始 99帖子

Feb 23, 2021 at 09:47

会员从Jul 27, 2020开始 99帖子

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	1.16879	GBPUSD	1.35066	AUDUSD	0.6579
USDJPY	147.449	USDCAD	1.36758	USDCHF	0.79713

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Who do you differentiate between Retracement and Reversal?