The combination breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.006334000 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.005858000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.006062 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.006334000 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006449000 |
2nd High | 0.006392000 |
Next High | 0.006334000 |
Current Price | 0.006100000 |
Next Low | 0.005858000 |
2nd Low | 0.005790000 |
3rd Low | 0.005686000 |