A return to a prior level to test if support or resistance holds A secondary test occurs when price returns to a significant level (often a climax or spring) to see if buyers or sellers are still present. Successful tests confirm the prior signal.
A return to a prior level to test if support or resistance holds A secondary test occurs when price returns to a significant level (often a climax or spring) to see if buyers or sellers are still present. Successful tests confirm the prior signal.