Retest Trades The retest trade is a simple bounce trade type strategy that uses the combination of key support and resistance levels with quality price action to create powerful trading setups. Once price has broken through a key level, look to see whether it retraces back towards that level. Very often once price has broken through prior resistance, that level then becomes new support and vice versa. This new support or resistance level can then provide the backstop or springboard for further price movement back in the direction of the dominant trend. Like all trade setups, the best results come when trading in the direction of a well established trend and where price is not over-extended from its moving averages. Check out the video below for further explanation.