The combination jumps from the descending trendline upwards
The bullish trend upwards to the next resistance level at 0.006334000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.005953000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.006062 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.006334000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006449000 |
2nd High | 0.006392000 |
Next High | 0.006334000 |
Current Price | 0.005991000 |
Next Low | 0.005953000 |
2nd Low | 0.005929000 |
3rd Low | 0.005790000 |