Skip to main content

What Is Support and Resistance in Forex Trading? A Beginner's Guide



What Is Support and Resistance in Forex Trading? A Beginner's Guide to Price Levels and Zones (2026)

Understand Support, Resistance, Price Zones, Role Reversal, Market Reactions and the Basic Psychology Behind Price Levels

When you first open a Forex chart, you may see price moving up and down without any obvious explanation.

One useful way to make a chart easier to understand is to identify support and resistance.

Support and resistance are basic concepts in technical analysis that traders use to study areas where price has previously reacted.

A support area is generally associated with previous buying interest that helped slow or interrupt a decline.

A resistance area is generally associated with previous selling interest that helped slow or interrupt an advance.

These areas can be useful for understanding price behavior, but they are not guarantees that price will reverse.

Price can react at a level, move through it, consolidate around it, or return to it after a breakout.

That uncertainty is an important part of learning support and resistance properly.

This article is designed as a beginner's introduction to the concept. It focuses on understanding what support and resistance are, why traders study them, how they differ from exact price predictions, and how they fit into broader technical analysis.

For detailed methods of drawing and evaluating levels, you can continue to the more advanced guides linked throughout the article.


What You Will Learn

By the end of this guide, you should understand:

  • What support means

  • What resistance means

  • Why support and resistance are usually treated as areas rather than exact prices

  • How support and resistance can form

  • Why previous market reactions matter

  • The basic psychology behind these areas

  • The difference between support and resistance

  • How support can become resistance

  • How resistance can become support

  • Why support and resistance sometimes fail

  • The difference between horizontal and dynamic levels

  • How support and resistance relate to market structure

  • How supply and demand differ from support and resistance

  • Why beginners should avoid drawing too many levels

  • How to practise identifying levels without risking real money

This article intentionally focuses on understanding the concept rather than providing a complete trading strategy.


1. What Is Support and Resistance?

Support and resistance are areas on a chart where price has previously shown a noticeable reaction.

Support

Support is an area where previous buying activity helped slow or interrupt a downward movement.

Resistance

Resistance is an area where previous selling activity helped slow or interrupt an upward movement.

A simple way to visualize them is:

Resistance

Price ↑

──────────── Resistance

Price ↓

Support

Price ↑

──────────── Support

Price ↓

These areas can act as reference points when studying a chart.

However, they should not be interpreted as walls that price cannot cross.

Markets can move through support and resistance.


2. Why Do Traders Study Support and Resistance?

Traders study support and resistance because previous price behavior can provide useful context.

Suppose an asset has repeatedly declined toward a certain region and then recovered.

A trader may mark that region as potential support.

Likewise, if price has repeatedly advanced toward an area and then declined, that area may be marked as potential resistance.

The historical reaction does not tell us exactly what will happen next.

Instead, it gives us something observable to study.

For example:

Price approaches support → observe what happens

rather than:

Price approaches support → assume price must rise

This distinction is essential.

Support and resistance are analytical reference areas, not predictions with guaranteed outcomes.


3. What Is Support?

Support is a price area where previous buying activity has been sufficient to slow, interrupt or sometimes reverse a decline.

Imagine a market falling from one price level toward another.

At a particular area, the decline slows.

Price then moves upward.

If similar reactions occur around that area, traders may begin paying attention to it as potential support.

Simple example

Imagine Gold falls toward the hypothetical area of $3,380.

Price reaches the area and then moves upward.

Later, Gold returns toward the same region and again reacts upward.

A trader may identify the region around $3,380 as a potential support area.

This does not mean Gold must rise from that area in the future.

It simply means the historical behavior makes the region worth monitoring.


4. What Is Resistance?

Resistance is a price area where previous selling activity has been sufficient to slow, interrupt or sometimes reverse an advance.

Imagine price moving upward.

It reaches a particular region and begins to struggle.

Price then moves downward.

If similar reactions occur around the area, traders may identify it as potential resistance.

Simple example

Suppose EUR/USD repeatedly approaches the hypothetical area around 1.1650 and then declines.

A trader may mark the region around 1.1650 as potential resistance.

Again, this does not mean EUR/USD must fall the next time it reaches that area.

It means previous price behavior provides context worth observing.


5. Support and Resistance Are Usually Areas, Not Exact Prices

One of the most important lessons for beginners is that support and resistance should not always be treated as perfectly precise prices.

For example, instead of saying:

“Support is exactly $3,380.00.”

it may be more realistic to identify an area such as:

$3,375–$3,385

The exact width of a zone depends on the market, timeframe and price structure.

Why does this matter?

Because financial markets rarely behave like mathematical walls.

Price can move slightly beyond a previous reaction point before reversing.

Thinking in terms of areas can therefore help beginners avoid expecting price to reverse at one exact number.


6. Why Does Support Form?

There can be several reasons why price reacts around a particular area.

Market participants make decisions for different reasons.

For example:

  • Some traders may consider the price attractive.

  • Some may close existing short positions.

  • Some may take profits.

  • Others may wait for additional information before entering.

These combined actions can influence buying and selling pressure.

However, a chart does not reveal exactly why every participant acted.

Therefore, it is better to describe what is observable:

Price previously reacted upward around this area.

rather than making an unsupported claim about exactly which participants caused the movement.


7. Why Does Resistance Form?

Resistance can form when selling activity becomes sufficient to slow an upward movement.

Possible reasons include:

  • Traders taking profits

  • Sellers entering the market

  • Existing positions being closed

  • Market participants responding to previous price levels

  • Changing expectations about value or future price movement

Again, the chart does not provide direct access to every participant's intentions.

The important observable fact is that price previously struggled to continue upward around the area.


8. The Difference Between Support and Resistance

The basic difference is straightforward:

SupportResistance
Usually associated with areas below or near current priceUsually associated with areas above or near current price
Previous buying activity helped slow a declinePrevious selling activity helped slow an advance
Traders may watch for potential upward reactionsTraders may watch for potential downward reactions
Can eventually breakCan eventually break

Neither one guarantees a reversal.

Support can fail.

Resistance can fail.

That is normal market behavior.


9. Support and Resistance Are Not Guaranteed Reversal Points

This is one of the most important ideas to understand.

A beginner may think:

“Price reached support, so I should buy.”

Or:

“Price reached resistance, so I should sell.”

That conclusion is too simplistic.

When price reaches support, several things can happen:

  1. Price may bounce.

  2. Price may pause.

  3. Price may move deeper into the area.

  4. Price may break below it.

  5. Price may break below and later return.

The same applies to resistance.

When price reaches resistance:

  1. Price may decline.

  2. Price may consolidate.

  3. Price may move through the area.

  4. Price may break above it.

  5. Price may break above and later return.

This is why support and resistance should be treated as areas of interest rather than automatic trading signals.


10. How Support and Resistance Can Be Identified

At a basic level, traders can look for areas where price has previously reacted.

Common examples include:

Previous Swing Lows

A previous low may become an area traders monitor for potential support.

Previous Swing Highs

A previous high may become an area traders monitor for potential resistance.

Repeated Reaction Areas

If price repeatedly reacts around a similar region, that area may become more noticeable.

Consolidation Boundaries

The upper and lower boundaries of a previous range may later become relevant.

Psychological Price Areas

Round numbers can sometimes attract attention, although they are not automatically support or resistance.

The key is to focus on observable price behavior rather than marking every small movement.


11. What Is a Swing High?

A swing high is a local peak where price moved upward and then began moving downward.

For example:

Rise → Peak → Decline

The peak may become relevant when studying resistance.

However, not every small peak deserves to be marked.

The importance of a swing high depends on the timeframe and surrounding market structure.


12. What Is a Swing Low?

A swing low is a local trough where price moved downward and then began moving upward.

For example:

Decline → Low → Rise

The low may become relevant when studying support.

Again, not every minor low is equally important.

A broader swing visible on a higher timeframe may provide more context than a tiny fluctuation on a very low timeframe.


13. Major and Minor Support and Resistance

Not every level on a chart has the same importance.

Major Levels

A major level may be an area that:

  • Is clearly visible on a broader timeframe

  • Has produced notable reactions

  • Aligns with important market structure

  • Has influenced substantial price movement

Minor Levels

A minor level may be:

  • Visible mainly on a lower timeframe

  • Associated with a smaller reaction

  • Relevant primarily to short-term price movement

The distinction depends on the timeframe and the market being analyzed.

A level that appears minor on a daily chart may be important to someone studying a short-term chart.


14. Why Timeframe Matters

Support and resistance can appear on many timeframes.

For example:

  • Weekly

  • Daily

  • 4-hour

  • 1-hour

  • 15-minute

  • 5-minute

A level visible on a weekly chart may provide broader context.

A level visible only on a 5-minute chart may be more relevant to short-term price behavior.

Neither automatically makes the other “better.”

The appropriate timeframe depends on what you are studying and how long you intend to hold a position.

For a detailed explanation of how different timeframes can be combined, see:

Multi-Timeframe Analysis in Forex Trading


15. What Is Role Reversal?

Role reversal occurs when a former support area later behaves as resistance, or a former resistance area later behaves as support.

Support Becoming Resistance

Imagine:

  1. Price repeatedly reacts upward around $3,380.

  2. Eventually, price breaks below the area.

  3. Price later rises back toward $3,380.

  4. The area now acts as resistance.

This is commonly described as support becoming resistance.

Resistance Becoming Support

The reverse can also occur:

  1. Price repeatedly struggles around $1.1700.

  2. Price eventually breaks above the area.

  3. Price later returns toward $1.1700.

  4. The area may now act as support.

This is commonly called resistance becoming support.

Role reversal is not guaranteed, but it is a useful price-action concept.


16. Why Does Role Reversal Happen?

Several factors can contribute to role reversal.

For example, traders who previously bought around an old support area may react differently after price breaks below it.

When price returns to that area, some participants may use the opportunity to exit positions, while other participants may respond to the new market structure.

The exact motivations of individual market participants cannot be known from the chart alone.

Therefore, the useful observation is simply:

A previously important area may change its role after a significant price break.


17. What Happens When Support Breaks?

When price moves decisively below a support area, the previous support may no longer function in the same way.

Possible outcomes include:

  • Continued decline

  • Consolidation below the area

  • A return to the old support

  • A retest

  • A further move downward

This is why traders should avoid assuming that a broken support level automatically produces a particular result.

The market needs to be observed after the break.


18. What Happens When Resistance Breaks?

The same principle applies to resistance.

When price moves above a resistance area, several outcomes are possible.

Price may:

  • Continue higher

  • Pause

  • Return to the previous resistance

  • Retest the area

  • Fall back below it

A trader therefore needs to distinguish between a genuine sustained move and a temporary movement beyond the level.

For detailed discussion of breakouts and retests, see:

Breakouts and Retests in Forex Trading


19. Horizontal Support and Resistance

Horizontal support and resistance are among the simplest forms to understand.

They are based on relatively similar price areas across time.

For example:

Resistance

1.1700 ─────────────

Price repeatedly approaches the area and struggles to continue higher.

Or:

Support

1.1500 ─────────────

Price repeatedly approaches the area and finds upward reactions.

Horizontal levels can be useful because they allow traders to compare current price behavior with previous reactions.


20. Dynamic Support and Resistance

Not all support and resistance are horizontal.

Some reference areas move with price.

These are commonly described as dynamic support or resistance.

Examples include:

  • Trendlines

  • Moving averages

A rising trendline may be used as a reference for potential dynamic support.

A falling trendline may be used as a reference for potential dynamic resistance.

Moving averages can also provide dynamic reference areas.

However, these tools do not create guaranteed support or resistance.

They are simply additional ways of organizing price information.

For more on trendlines:

The Complete Guide to Trendlines in Forex Trading

For moving averages:

Moving Averages in Forex Trading


21. Support and Resistance vs. Supply and Demand

Support and resistance are closely related to supply and demand analysis, but they are not exactly the same framework.

Support and resistance generally focus on areas where price previously reacted.

Supply and demand analysis often places additional emphasis on the origin of strong price movements and the base that preceded them.

For example:

Support/resistance question:

Where has price previously reacted?

Supply/demand question:

Where did a notable directional movement appear to originate?

There can be considerable overlap between the two.

A demand zone may also act as support.

A supply zone may also act as resistance.

For a deeper introduction to supply and demand, see:

What Is Supply and Demand Trading?


22. Support and Resistance vs. Market Structure

Market structure describes how price forms sequences such as:

  • Higher Highs

  • Higher Lows

  • Lower Highs

  • Lower Lows

Support and resistance can help provide context for these movements.

For example, a higher low may form near a previous support area.

A lower high may form near a previous resistance area.

This does not mean the level caused the structure.

It simply means the two forms of analysis can be studied together.

For a complete introduction to market structure:

Market Structure in Forex Trading


23. Why Some Support and Resistance Levels Matter More Than Others

Several characteristics can make a level more noticeable.

A level may deserve additional attention if:

  • Price has reacted there multiple times

  • The reaction was relatively significant

  • The area is visible on a broader timeframe

  • It aligns with an important swing high or low

  • It sits near an important market structure

  • It has influenced a substantial movement

But there is no universal formula that guarantees one level is more likely to hold than another.

Technical analysis remains uncertain.


24. Why Support and Resistance Can Fail

Markets are constantly changing.

A support area that worked previously may eventually break.

A resistance area that repeatedly held may eventually be exceeded.

Possible reasons include:

  • Changes in market sentiment

  • Economic news

  • Increased volatility

  • Strong directional momentum

  • Changes in supply and demand

  • Unexpected market events

Rather than asking:

“Will this support definitely hold?”

a better question is:

“What is price doing as it approaches and interacts with this area?”

That encourages observation instead of prediction.


25. How Beginners Should Avoid Chart Clutter

One of the most common mistakes beginners make is marking too many levels.

Imagine opening a chart and seeing:

  • 20 support lines

  • 15 resistance lines

  • Several trendlines

  • Multiple indicators

  • Numerous zones

At that point, it becomes difficult to determine which information actually matters.

A cleaner approach is to begin with the most obvious areas.

Ask:

  • Which levels are clearly visible?

  • Which ones produced meaningful reactions?

  • Which ones are relevant to the timeframe?

  • Which ones are close enough to current price to matter?

You do not need to mark every historical reaction.


26. Do You Need Multiple Touches?

There is no universal number of touches required before a level becomes “valid.”

A level can be relevant after one significant reaction, while another area may become more noticeable after several reactions.

The quality and context of the reaction matter.

For example:

One large, clearly visible reaction

may be more useful than:

Five tiny reactions inside a narrow range.

This is why support and resistance should not be reduced to a simple “three touches equals valid” rule.


27. What Is Confirmation?

Confirmation refers to additional evidence that appears after price reaches an area of interest.

Examples may include:

  • A rejection candle

  • A change in short-term price structure

  • A strong move away from the area

  • A breakout

  • A retest

  • A combination of several price-action observations

Confirmation is not a guarantee.

It can simply provide more information before a trading decision is considered.


28. Support and Resistance in a Trending Market

In an uptrend, previous support areas may become useful reference points during pullbacks.

For example:

Higher High → Pullback → Higher Low → Higher High

The area around the higher low may provide useful information when studying the market.

In a downtrend:

Lower Low → Pullback → Lower High → Lower Low

The area around the lower high may provide useful resistance context.

However, trends can change.

A support area can fail during an uptrend.

A resistance area can fail during a downtrend.

Always consider the possibility that the market structure may change.


29. Support and Resistance in a Range

Markets do not always trend.

Sometimes price moves sideways between relatively identifiable upper and lower areas.

For example:

Resistance

──────────────

↕ Price moves within range

──────────────

Support

In a range, traders may study how price behaves near the upper and lower boundaries.

However, ranges can eventually break.

A range therefore should not be treated as permanent.


30. A Simple Beginner Example

Imagine EUR/USD is moving sideways between:

Resistance: 1.1700

and

Support: 1.1500

Price repeatedly moves between the two areas.

A beginner studying the chart could record:

At 1.1700

  • Price previously struggled to continue upward.

  • The area may be monitored as resistance.

At 1.1500

  • Price previously reacted upward.

  • The area may be monitored as support.

Then the beginner observes what happens when price returns to either area.

The goal of the exercise is not to predict the market.

It is to learn how to recognize and describe price behavior.


31. Practical Exercise: Learn to Identify Support and Resistance

You can practise this without risking real money.

Open a historical chart for:

  • XAU/USD

  • EUR/USD

  • GBP/USD

Use a Daily or 4-hour chart.

Then:

Exercise 1

Find three obvious areas where price previously reacted upward.

Label them:

Potential Support

Exercise 2

Find three obvious areas where price previously reacted downward.

Label them:

Potential Resistance

Exercise 3

For each area, record:

  • Date

  • Price region

  • Timeframe

  • Previous reaction

  • What happened when price returned

  • Whether the area eventually broke

Exercise 4

Do not change your markings after seeing the result.

This helps reduce hindsight bias.


32. A Simple Support and Resistance Study Checklist

When studying a chart, ask:

Support

  • Where has price previously reacted upward?

  • Is the area clearly visible?

  • Is it relevant to my timeframe?

  • Has price returned to it?

  • What happened when price returned?

Resistance

  • Where has price previously reacted downward?

  • Is the area clearly visible?

  • Is it relevant to my timeframe?

  • Has price returned to it?

  • What happened when price returned?

Context

  • Is the market trending or ranging?

  • What does the broader structure look like?

  • Has the level broken?

  • Has the role changed?

  • What is price doing now?

This checklist is for analysis and learning, not a guarantee of trade outcomes.


33. Common Beginner Mistakes

Mistake 1: Treating Support as a Guaranteed Buy Area

Support does not guarantee that price will rise.

Mistake 2: Treating Resistance as a Guaranteed Sell Area

Resistance does not guarantee that price will fall.

Mistake 3: Drawing Too Many Levels

Too many levels can make the chart harder to interpret.

Mistake 4: Treating a Level as an Exact Price

Support and resistance are often better understood as areas.

Mistake 5: Ignoring the Broader Market

A level should be studied within the context of the overall market.

Mistake 6: Changing Levels After Seeing the Result

This can create hindsight bias.

Mistake 7: Assuming More Touches Always Mean Stronger Levels

The number of touches alone does not determine how a level will behave in the future.

Mistake 8: Assuming Historical Behavior Must Repeat

Previous reactions provide information, but they do not guarantee future reactions.


34. What Beginners Should Learn Next

Once you understand what support and resistance mean, the next step is learning how to identify and draw them more systematically.

That is covered in:

The Complete Guide to Support and Resistance in Forex Trading

That article goes deeper into:

  • Identifying important levels

  • Major and minor levels

  • Swing highs and lows

  • Drawing zones

  • Timeframe analysis

  • Dynamic support and resistance

  • Evaluating levels

  • Common mistakes

  • Practical exercises

After learning how to identify and draw the levels, you can move to the practical application guide:

How to Use Support and Resistance in Forex Trading: Bounces, Breakouts, Retests and Trade Planning

That article focuses on what happens when price actually interacts with those areas.

This creates a natural learning path:

Understand → Identify → Apply


Frequently Asked Questions

What is support in Forex?

Support is an area where previous buying activity helped slow or interrupt a decline.

What is resistance in Forex?

Resistance is an area where previous selling activity helped slow or interrupt an advance.

Is support a guaranteed buy signal?

No. Price can break through support.

Is resistance a guaranteed sell signal?

No. Price can break through resistance.

Are support and resistance lines or zones?

They can be represented as lines, but treating them as areas or zones is often more realistic because price does not always react at one exact number.

Can support become resistance?

Yes. After a significant break, a former support area may later behave as resistance.

Can resistance become support?

Yes. A former resistance area may later behave as support after price moves above it.

How many times must price touch a level?

There is no universal number. The significance of an area depends on its context and the nature of previous reactions.

Can support and resistance be used on Gold?

Yes. They can be studied on Gold and many other financial instruments.

Can support and resistance be used on cryptocurrency?

Yes. The same basic concepts can be applied to cryptocurrency charts, although cryptocurrency markets have their own volatility and trading characteristics.

Can support and resistance predict the market?

They cannot predict future price movements with certainty. They provide historical context that traders can use when studying possible scenarios.


Key Lessons

Remember these core ideas:

  1. Support is an area where previous buying activity helped slow or interrupt a decline.

  2. Resistance is an area where previous selling activity helped slow or interrupt an advance.

  3. Support and resistance are usually better understood as areas rather than perfectly precise prices.

  4. Neither support nor resistance guarantees a reversal.

  5. Both can break.

  6. A former support area can later become resistance.

  7. A former resistance area can later become support.

  8. Higher timeframes can provide broader context.

  9. Market structure can help put support and resistance into context.

  10. Not every price reaction deserves to be marked.

  11. Avoid cluttering charts with excessive levels.

  12. Historical reactions provide information, not certainty about the future.

  13. Learning the concept should come before trying to build a trading strategy around it.


Summary

Support and resistance are among the fundamental concepts used in technical analysis.

They help traders organize a chart by identifying areas where price has previously reacted.

But the most important lesson is not simply knowing the definitions.

It is understanding the limitations.

Support can fail.

Resistance can fail.

A breakout can fail.

A previous reaction does not guarantee another reaction.

Once you understand this, support and resistance become more useful as analytical tools rather than being treated as automatic buy and sell signals.

Start by learning to recognize the areas objectively. Then study how price behaves when it returns to them.

From there, you can gradually learn how to draw levels, evaluate their context and incorporate them into a broader risk-aware trading process.


Educational Disclaimer

This article is provided for educational and informational purposes only. It is not financial, investment, trading, legal or tax advice and should not be interpreted as a recommendation to buy or sell any financial instrument.

Forex, Gold, cryptocurrency and other financial markets involve significant risk, and losses can occur. Support and resistance analysis cannot guarantee a particular market outcome.

Readers should conduct their own research, understand the risks involved and consider seeking advice from a qualified financial professional where appropriate.

Never trade money you cannot afford to lose.


About NaijaTrade

NaijaTrade is an educational platform focused on helping beginners and developing traders understand Forex, cryptocurrency and financial-market concepts through clear, practical and responsible educational content.

Our goal is to simplify complex market concepts while encouraging proper risk management, disciplined learning and realistic expectations.

We do not promote guaranteed profits or unrealistic financial claims.


Continue Learning

Start with this article:
What Is Support and Resistance? — understanding the basic concept.

Next:
The Complete Guide to Support and Resistance in Forex Trading

Then:
How to Use Support and Resistance in Forex Trading: Bounces, Breakouts, Retests and Trade Planning

This creates a clear progression:

1. Understand the concept → 2. Learn how to identify and draw it → 3. Learn how to apply it

Comments

Popular posts from this blog

How to Become a Forex and Crypto Educational Content Creator: A Beginner’s Guide.

     How to Become a Forex and Crypto Educational Content Creator: A Beginner’s Guide Introduction Forex and cryptocurrency have attracted a growing audience of people who want to understand financial markets, digital assets, blockchain technology, and trading concepts. As more beginners search for clear explanations, there is also a growing need for educational content that explains these subjects accurately and responsibly. This creates an opportunity for people who enjoy researching and explaining complex ideas to become Forex and cryptocurrency educational content creators . However, teaching financial topics is different from simply creating general social-media content. A responsible Forex or crypto educator needs to understand the subject being discussed, research information carefully, explain technical concepts in simple language, acknowledge uncertainty, and avoid presenting education as a promise of financial results. You also do not need to present yourself as...

Crypto Airdrops in Nigeria: How They Work, Eligibility, Risks, and Safety Tips.

     Crypto Airdrops in Nigeria: How They Work, Eligibility, Risks, and Safety Tips Introduction Crypto airdrops have become a familiar term in the cryptocurrency and blockchain space. You may have seen people discussing free tokens, early-user rewards, testnet activities, or announcements from new blockchain projects. This naturally raises questions for beginners in Nigeria: What exactly is a crypto airdrop? Can Nigerians participate? How do airdrops work? Are the tokens really free? And how can you avoid scams? The answers are not as simple as saying that every airdrop is free money or that every participant will receive tokens. A crypto airdrop is generally a method through which a blockchain project distributes digital tokens to selected users or eligible wallet addresses. The conditions can vary significantly from one project to another. Some distributions may be based on previous activity, while others may involve specific eligibility requirements, community partici...

The Complete Guide to Order Blocks in Forex Trading

The Complete Guide to Premium and Discount Zones in Forex Trading (2026) How to Identify Relative Value Areas Using Market Structure, Equilibrium and Fibonacci When studying price action, traders often want to understand whether the current price is relatively high or low within a particular market movement. This is where the concepts of Premium and Discount Zones are commonly used. Premium and Discount Zones provide a simple framework for dividing a defined price range into two broad areas: Premium: the upper portion of the selected range Discount: the lower portion of the selected range Equilibrium: the midpoint, commonly represented by the 50% level These concepts are particularly common in price-action and institutional-style trading methodologies. However, there is an important distinction beginners need to understand: A Premium or Discount Zone describes where price is located within a selected range. It does not predict what price must do next. Price can continue rising whil...