How to identify whether it is retracement or reversal?

[price777999]

Actually no - what I am referring to is exactly the opposite - ie finding the optimum places to buy when it is going down/pulling back in an uptrend or sell when it is going up/pulling back in a downtrend and avoiding the non-optimum places as they are lower in probability of a successful outcome over any extended sample. Init.

G/L

yes thats what I ment find a good place to sell when its going down i.e. 52% consolidate continue