Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 4.158752 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 5.100000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 6.476000000 |
2nd High | 5.942000000 |
Next High | 5.100000000 |
Current Price | 4.458000000 |
Next Low | 4.058000000 |
2nd Low | 3.868000000 |
3rd Low |