Retracement

Retracement in technical analysis is the reversal in price of an asset. It is the corrective leg of a much larger uptrend and usually pullsback as much as half of the prior trend before resuming back towards the direction of the trend.


Stocks | Forex | Options | Economics | Bonds | History | Language learning | Technology | Technical Analysis | Fundamental Analysis
Copyright © 2014 econtrader | Risk disclosure | Terms of Use