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retrace
(redirected from retracement)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia 0.01 sec.
retrace verb copy, go over again, recall, reexamine, regress, reminisce, repeat, return, revert, review, think back upon, trace back, turn back
See also: copy, recall, reexamine, remember, repeat, review


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The Euro Pound is starting to look like a retracement phase is at hand and that implies some Pound relative strength, not surprising given the key resistance we have found for the Euro USD.
jpg" alt="" width="180" /><br> </span> Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century.
The process is simple: Identify the overall trend Look for a retracement Look for a candlestick pattern to confirm a reversal at the retracement level http://www.
 
 
 
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