Trading Pattern Dictionary / Resistance Bounce 2ndHit
Long
What is Resistance Bounce 2ndHit?
A Resistance Bounce 2nd Hit occurs when the price of an asset approaches a previously established resistance level for the second time, often leading to a reversal or pullback as sellers re-enter the market.
Definition
A Resistance Bounce 2nd Hit occurs when the price of an asset approaches a previously established resistance level for the second time, often leading to a reversal or pullback as sellers re-enter the market.
Total Trades
2
Popularity
0.00%
P&L (public trades)
$40.80
Trades using Resistance Bounce 2ndHit
| Asset | Symbol | Broker | User | Position Size | Entry | Exit | Type | Status | Trade |
|---|---|---|---|---|---|---|---|---|---|
| Loading… | |||||||||
Resistance Bounce 2ndHit 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.