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How to distinguish reversals from corrections

Discussion in 'Education, Tutorials & Courses' started by ForexLive, Sep 13, 2017.

  1. ForexLive

    ForexLive Forum Member

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    Reversal or correction? That is the question Everyone wants to ride a new trend from the very beginning. If a trader holds a position in line with the existing trend, he/she wants to close it before this trend reverses. However, at the early stages, it's very difficult to distinguish reversal from a mere correction. The wrong judgment may lead to

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