The combination goes from the ascending trendline down.
A descending movement downwards to the next support level at 0.005957000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.006589000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.006735926 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.006589000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.007564000 |
2nd High | 0.006948000 |
Next High | 0.006589000 |
Current Price | 0.006564000 |
Next Low | 0.005957000 |
2nd Low | 0.005677000 |
3rd Low | 0.005591000 |