The combination goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 159.120000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 164.850000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 160.84 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 164.850000000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 167.860000000 |
2nd High | 166.930000000 |
Next High | 164.850000000 |
Current Price | 159.510000000 |
Next Low | 159.120000000 |
2nd Low | 157.580000000 |
3rd Low | 153.450000000 |