1 transitive : to evaluate, measure, or identify (something or someone) again by means of a test In English I, 77,623 students who were retested in the spring failed again.—

What is a retest in the market?

A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold. In the case of a break to the upside, for example, after the initial wave of buying has run its course, prices may stall and trigger very short-term profit-taking selling.

What is a Forex retest?

What is a Retest? Retests in the Forex market come in all shapes and sizes. They can come after a market breaks a key horizontal level of support or resistance or a breakout from a wedge pattern. Regardless of how or where the retest occurs, the characteristics are the same.