Glossary › role reversal
Trading glossary · structure
role reversal
When an old ceiling, once broken, becomes a floor, or an old floor becomes a ceiling.
The fuller meaning
The tendency of broken support to act as resistance and broken resistance as support, also called polarity. It is common but not certain; traders watch the retest of the broken level, and a failed retest warns the break may be false.
role reversal, also called polarity.
Related words
above-average volume · bounce · break of structure · breakaway gap · breakdown · breakout · broken level · channel · choppy market · common gap