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Trading A Retracement While Preparing for A Reversal

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The knowledge to predict the difference between a retracement and a reversal is a great tool to add to your trading arsenal. Many experienced traders can still not detect the difference between an asset's retracement and a potential reversal. Reversals are temporary changes in a trend that occurs over a short period. Whereas retracements are momentary changes that often occur during a longer trend. Unlike reversals, retracements show a continuation of a negative trend within the targeted price action. Being able to successfully determine whether an asset is displaying a reversal or retracement is vital if you want a high success rate trading portfolio.
Beginners, Advanced, Cryptocurrency, Technical analysis, CFD

Barry Norman

The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was awarded the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.
Trading A Retracement While Preparing for A Reversal
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