Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4.0E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 5.0E-5 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000040390 |
| Next Low | 4.0E-5 |
| 2nd Low | 3.0E-5 |
| 3rd Low | 2.0E-5 |
4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000041030 – 0.000040280 —
44.441559271576 – 37.293164656222 —
– —
4.0E-5 – 1775887200