Trading Pattern Dictionary / Resistance Bounce
Long
What is Resistance Bounce?
A Resistance Bounce occurs when a security's price approaches a resistance level, fails to break through, and subsequently reverses direction, often leading to a price decline.
Definition
A Resistance Bounce occurs when a security's price approaches a resistance level, fails to break through, and subsequently reverses direction, often leading to a price decline.
Total Trades
154
Popularity
0.25%
P&L (public trades)
-$235,637.85
Trades using Resistance Bounce
| Asset | Symbol | Broker | User | Position Size | Entry | Exit | Type | Status | Trade |
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Resistance Bounce is a trading pattern in the TradeJournal.co Trading Pattern Dictionary. Traders tag trades with this pattern to spot recurring behavior and improve performance. Used by 12,000+ traders.