RETEST AND PULL BACK STRATEGY | MARKET ANALYSIS
A retest is when a market revisits an established support or resistance level, while a pullback is a temporary pause or dip in an asset's overall trend:
Retest: A market revisits an established support or resistance level.
Pullback: A temporary pause or dip in an asset's overall trend. Pullbacks are often seen as buying opportunities if the stock has been showing an upward price movement
In this video, we will break down how to interpret order book data to gain insights into market sentiment and price movements. Learn to identify key support and resistance levels, spot potential breakout and breakdown points, and develop effective trading strategies based on real-time order book information. This is a must-watch for traders looking to enhance their trading skills and make informed decisions in the fast-paced world of stock trading.
PGDM in finance, having 5+ experience in Equity, commodities , forex analysis and trading.
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