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⚠ Selloff or Market Correction? Either Way, Here's What to Do Next
See Overvalued Stocks
How Can You Tell the Difference between a Retracement and 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 are still unable to detect the difference between an
assets retracement and a potential reversal. Reversals are temporary changes in a trend that occurs over a short period. In contrast, retracements are momentary changes that often occur during a more
prolonged movement.
Unlike reversals, retracements show a continuation of an opposing trend within the targeted price action. Successfully determining whether an asset is displaying a reversal or retracement is vital for your trading journey.
Daniel Reggio
Daniel graduated with a degree in finance from the University of Miami and often lectures on
cryptocurrency and digital assets and trading strategies and finance. He can be frequently
found conducting webinars worldwide while advising government agencies and top banks
regarding the regulation of digital coins. He enjoys working closely with crypto traders who are
working hard to understand the ins and outs of the financial markets. With professional traders,
he’s able to shed light on their strategy in a way that maximizes profits..
assets retracement and a potential reversal. Reversals are temporary changes in a trend that occurs over a short period. In contrast, retracements are momentary changes that often occur during a more
prolonged movement.
Unlike reversals, retracements show a continuation of an opposing trend within the targeted price action. Successfully determining whether an asset is displaying a reversal or retracement is vital for your trading journey.
Daniel Reggio
Daniel graduated with a degree in finance from the University of Miami and often lectures on
cryptocurrency and digital assets and trading strategies and finance. He can be frequently
found conducting webinars worldwide while advising government agencies and top banks
regarding the regulation of digital coins. He enjoys working closely with crypto traders who are
working hard to understand the ins and outs of the financial markets. With professional traders,
he’s able to shed light on their strategy in a way that maximizes profits..