What it means
Rejection occurs when price tests an area but cannot maintain trade there and is pushed away.
What to watch
The strength of a rejection depends on context, tempo, and whether price later returns to the same area.
Glossary
Price behavior showing the market is unwilling to sustain trade at a certain area.
Rejection occurs when price tests an area but cannot maintain trade there and is pushed away.
The strength of a rejection depends on context, tempo, and whether price later returns to the same area.