The combination moves from the ascending trendline down.
A bearish trend down to the next support at 4.150000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 4.234000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.270000000 |
Next High | 4.234000000 |
Current Price | 4.176000000 |
Next Low | 4.150000000 |
2nd Low | 4.116000000 |
3rd Low | 3.989000000 |