“Trading forex, derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. You should ensure that you fully understand the risks involved and seek independent advice if necessary before you start trading.”

What Is Retest , Retrace , Reversal And Rebound

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 What Is Retest , Retrace , Reversal And Rebound



If you are someone who is new to trading then there are terms you need to know starting from Retest, Retrace, Reversal and Rebound

Retest : Price movement to test a support or resistance level, it means trying to break through this level.

Retrace : Correction is the most specific meaning for what this term means. For this many trader will using the Fibonacci to draw the percentage of this.

Reversal : The reversal of the direction of the price movement trend. Many trader will be use Fibonacci to read whether the trend will reverse.

Rebound : Price movement that was weakening turns stronger. There is no limit to the level of price movements.

This is the 4 terms you need to know before trading.

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