Retest
When price returns to a level it just broke, often to test old resistance as new support.
Related terms
Breakout
A move through support, resistance or a range boundary, often with…
Support
A price area where buying has previously stopped a decline. Once…
Average daily range (ADR)
The average distance in pips between each day’s high and low over…
Average Directional Index (ADX)
An indicator of trend strength, not direction. Readings above…
Average True Range (ATR)
A volatility indicator that averages the true range, which…
Bollinger Bands
Bands set two standard deviations above and below a moving…