This section covers how to trade setups while looking for re-testing previous ‘resistance”.
 
The RE-TEST Strategy


Example 1 – HOLO or HOT

RULES:
1. Formation or price MUST BE AN UPTREND .
2. Previous RESISTANCE must have 3 proven rejections
3. FIbonacci levels must be aligned for the pullback.
4. Bonus factor, MA or EMA on a particular time frame must be aligned.
5. MACD should be convergent or Bullish Divergent. It cannot be bearish divergent on the same time frame as item 4.

Example 2 – xx

RULES:
1. Formation or price MUST BE AN UPTREND .
2. Previous RESISTANCE must have 3 proven rejections
3. FIbonacci levels must be aligned for the pullback.
4. Bonus factor, MA or EMA on a particular time frame must be aligned.
5. MACD should be convergent or Bullish Divergent. It cannot be bearish divergent on the same time frame as item 4.