retracement

Definition of "retracement"
  1. A change in the opposite direction inside a main price trend
How to use "retracement" in a sentence
  1. The sudden retracement in the housing sector surprised all the investors.
  2. Many traders use retracement to predict future price movements.
  3. Despite the overall upward trend of the market, a retracement was observed in the technology sector.

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