Price Dynamics
Rejection
Price approaching a level and retreating quickly, indicating the market has disagreed with that price and one side overwhelmed the other immediately.
How Draconic reads it
Rejection is visible in real time: price touches a level and moves away within seconds or minutes, often leaving a prominent wick. Strong rejection at resistance confirms the level is actively defended and creates a clear reference point for entries and stops. Weak rejection, where price lingers before retreating, signals that the level is contested rather than firmly defended, an entirely different risk profile. The strength of rejection can be measured through wick size relative to candle body, the speed of the retreat, and whether CVD confirms selling pressure at the level or whether price drifted away passively. Strong rejection with CVD confirmation is a high-quality signal. A long wick with neutral CVD is ambiguous.
Related terms
Educational only. Not financial advice. Trading involves risk.