Gold Spot / U.S. DollarEducation
Types of Retests
Here you can see few examples of a Retests 📊
⚫️ First example is a regular support and resistance retest. It occurs after price breaks this zones. Price then goes back to test previous support or resistance and this is usually good place to enter a trade.
⚫️ Second example is a supply and demand retest.
⚫️ Third example uses help of volume profile indicator. Areas of a high volume profile represent zones where potential retest can occur.
⚫️ Fourth example is a simple trendline retest. Very useful when you look for a reversal entries.
⚫️ First example is a regular support and resistance retest. It occurs after price breaks this zones. Price then goes back to test previous support or resistance and this is usually good place to enter a trade.
⚫️ Second example is a supply and demand retest.
⚫️ Third example uses help of volume profile indicator. Areas of a high volume profile represent zones where potential retest can occur.
⚫️ Fourth example is a simple trendline retest. Very useful when you look for a reversal entries.
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