CopperChips – Forex Retracement Theory
CopperChips – Forex Retracement Theory CopperChips – Forex Retracement Theory DEFINITION of ‘Retracement’ A temporary reversal in the direction of a stock’s price that goes against the prevailing trend. A retracement does not signify a change in the larger trend. On a chart where a stock’s price is generally headed upward, retracements are the small…