Reject of price â price moving up Situation one: A bar moves up to a price level and closes at or just below the price level. The next bar closes down at its low. At least for now, the market has rejected the price level. Situation two: A bar opens below a price level, moves up to the price level and comes back down to close at the same place it opened. (There is only one bar which opens and closes at the low of the bar after touching the price level.) Has the market rejected price in situation two as clearly as in situation one? Another way to ask the question is when a bar opens and closes at the same price is that only indicating indecision?