The combination goes from the ascending trendline downwards
The bearish trend downwards to the next support level at 4.282000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 4.483000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 4.244056 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 4.483000000 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.582000000 |
2nd High | 4.558000000 |
Next High | 4.483000000 |
Current Price | 4.319000000 |
Next Low | 4.282000000 |
2nd Low | 4.236000000 |
3rd Low | 4.190000000 |