Forex Resistance And Support

Forex resistance and support, here’s what it looks like. Resistance and support is at the basis of all trading strategies. Without it, essentially don’t have a leg to stand on. Support and resistance create market structure which can also be known as consolidation.

Resistance, also known as the ceiling is where price goes up and peaks, then turns direction and starts to come down. Support also known as the floor, is where price goes down, bounces off that level and then goes back up. In this video, I’m going to break down Forex resistance and support and also show you several possible ways to trade it.

I hope you received from value from this video on Forex Resistance & Support . When you do find the one pair that moves according your to strategy,  you want to lock in on it, & make that your focus and everything else is secondary. Alright make it a great day.