Explaining different types of Break and Retests 📊
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You need to master the break & re test
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Break & Re-tests - how to identify and trade them on a daily basis. Feel free to comment-ask questions!#daytrader #investing #tradingview #chartpatterns #chart #chartanalysis #technicalanalysis #stock #stockmarket #stockmarketindia #invest #optionstrading
Break & Re-tests - how to identify and trade them on a daily basis. F…
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TikTokpatrick_mccoy001
Is this a valid Break and Retest? We have to judge the structure, because that's our only source. The price was moving in an uptrend for some time until it reached the last High, recognizing as obstacle, and bounced back down, breaking the HL in the same process. That shifted the perspective for a bearish B&R. When we analyze the B&R, especially the pullback structure, we can see something wrong. In the process of a pullback, the price created a LH which is on the same scale as the broken HL, me
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