Retracement Entry

Retracement entries can be an excellent way of entering trade setups spottedTutorial Magnifying Glass on higher time frames that otherwise might otherwise be too big for our account (unaffordable) or not sensible from a risk to reward ratio.

They are best used on weekly, daily and 4 hr charts i.e. nothing small and suit clear strong setups like low or high test bars off key support or resistance levels.

Check out the video below for further explanation.

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