DislikedGeeez Tah, didnīt think I would hear you say retests of s+r areas - or do you mean supply and demand areas
Just kidding...Ignored
Let's face it, "retest" is a conjured up word by the "market" for public palatable consumption. What is really going on when price is pumped up to, and maybe just thru, a S&R area, is SLs on shorts are being targeted, and also the "market" is triggering into the market long orders sitting there...to add liquidity for the "market" to add shorts.
So, maybe I should not say, ".....to retest S&R...". Maybe I should say, "...for another 'screw you' move up to S&R"!
I should build a dictionary of "TAH Terms for Trading":
Pump 'n Dump
Grind 'n Grab
Screw you move to S&R
....... et. al.
tah