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Definition
Occurs when a trader covers a short position after it has reached and “bounced” off a support level.
Cover On A Bounce
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Common Trading Terms
Related Terms
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If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
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Fibonacci fans name derives from the fanlike appearance of the three trend lines shown. The Fibonacci fans...
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An entry order is one that is used to enter a trade at a specified price level. If the currency pair never...
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The Forex chart price trading pattern known as the Triple Top is a relatively rare reversal pattern that...
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A position trader can be compared to a squatter who sets up a tent in the middle of a crowded shopping...
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