**Noob vs. Pro Lesson 2: Mastering Bearish Retest Entries**
In this lesson, we'll examine four bearish retest entries—Break Block Retest, Supply Break Retest, Fibonacci Retest, and Structure Retest—and compare how beginners and experienced traders approach each. Learn how to elevate your trading from novice to expert.
1. **Break Block Retest**
- **Noob Approach:** Beginners often enter a trade hastily after identifying a break block without waiting for a proper retest. This can lead to premature entries, fakeouts, or getting trapped.
- **Pro Approach:** Experienced traders wait for a significant block to break and confirm a retest. They look for confirmation signals like rejection candles (e.g., bearish pin bars) or volume spikes before entering. They set a stop-loss above the retest zone and target lower price levels.
- **Key Tips:** Always wait for clear rejection. Use smaller time frames to refine your entry if needed.
2. **Supply Break Retest**
- **Noob Approach:** Beginners may spot a supply zone break but fail to wait for the price to retest and confirm resistance, leading to losses when the price re-enters the supply zone.
- **Pro Approach:** Experienced traders wait for the supply zone to break and then retest as resistance, looking for bearish patterns or volume exhaustion for confirmation. They place a stop-loss above the supply zone and target lower levels based on market structure.
- **Key Tips:** Look for lower highs and bearish signals on the retest. Understand the significance of supply zones and their reactions.
3. **Fibonacci Retest**
- **Noob Approach:** Beginners often misuse Fibonacci levels by entering trades randomly without understanding the price action at these levels. They may not wait for proper signals and trade solely based on Fibonacci levels.
- **Pro Approach:** Experienced traders use Fibonacci retracement levels (e.g., 61.8%, 50%) as potential reversal points but wait for price action confirmation. They look for rejection candles, divergence, or breaks in momentum for additional confirmation. $BTC
