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Written by Stan Kajzerek   

Retest - The most common on all time frames, a continuation price pattern ,confirms trend directions from one barrier to another. For example: 200 EMA on the 5- minute., 15- minute, and 1hour charts of EUR/USD or other pairs. Try a daily marker,- or Fibonacci levels for the same purpose. Re-test works only on very precise charts because it has to test to the "pip"on pull-backs, otherwise it may signal a reverse move.

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 RSI 5 and Retest    RSI 5 and Retest  

 

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