Also similarly with support.
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So when you buy something you pay the offer price.
Would you like to 4x trading with currency trading account and also forex system trade and trade like a Pro!
The price you see is the true value of the market.
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Would you like to 4x trading with currency trading account and also forex system trade and trade like a Pro!
You may be thinking by this stage that this theory is rubbish.
The last major part of the theory is the trend should be assumed to still be in force until there is a definite indication that the direction has in fact changed.
Note how when prices rose above the resistance level they did so decisively.