JTL INDUSTRIES CASE STUDY FOR RETEST
Whenever greatest word comes the simple think trader things that the price is going in vertical direction and it is coming down support the zone is to be
the above example is the best example for structure retest
the price was falling very sharply with only two candles in weekly time frame but after reaching to the main support which is to be written as zone of structure will be playing a important role in that
so if you look why the zone is called as a retail zone because earlier part four times price got rejected and then after it broke the zone
now the same thing of taking support after 3 to 4 weekly candles and price is bouncing back
the above example is the best example for structure retest
the price was falling very sharply with only two candles in weekly time frame but after reaching to the main support which is to be written as zone of structure will be playing a important role in that
so if you look why the zone is called as a retail zone because earlier part four times price got rejected and then after it broke the zone
now the same thing of taking support after 3 to 4 weekly candles and price is bouncing back
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