The combination breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at is likely expected.
Caution: A possible counter-trend in the direction of the support level at 157.580000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 161.5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 163.110000000 |
Next Low | 157.580000000 |
2nd Low | 153.450000000 |
3rd Low | 152.140000000 |