Technical_Analysis_page_274

Technical | Analysis page 274 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 12 Trends—The Basics 245 Retracements The final subject relating to trends is retracements. As mentioned and observed previously, a trend rarely follows a line without including a number of smaller trends. The smaller coun- tertrends are called retracements, and several rules have been…