How to distinguish reversals from corrections - ConsultFX

How to distinguish reversals from corrections

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 Copyright 2015 Forexlive.com