Market Field Guide · LESSON 48 · 1 MIN
Retest
The idea
A return to a previously crossed area; its response must be observed.
Try the scenario
Price returns to 105 after breaking above it.
Check your understanding
Which statement is supported by this definition?
- Every broken level becomes permanent support.
- A return to a previously crossed area; its response must be observed.
- This concept guarantees the next five candles.
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