The combination moves from the ascending trendline downwards
A bearish trend down to the next support line at 4.190000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 4.352000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 4.262556 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 4.352000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.558000000 |
2nd High | 4.363000000 |
Next High | 4.352000000 |
Current Price | 4.328000000 |
Next Low | 4.190000000 |
2nd Low | 4.179000000 |
3rd Low | 3.973000000 |