Retracements?

Discussion in 'Technical Analysis' started by crgarcia, May 25, 2007.

  1. Please explain me the theory on retracements (fibonacci and other types).

    If the swing retraces 50% or more, the trend changes?
    Less than 50%, the trend continues?

    thanks in advance
     
  2. Your best bet is to watch volume and learn how it behaves on retraces.