The combination goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 2252.390000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 2464.820000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2595.400000000 |
2nd High | 2564.830000000 |
Next High | 2464.820000000 |
Current Price | 2344.000000000 |
Next Low | 2252.390000000 |
2nd Low | 2150.550000000 |
3rd Low | 2111.000000000 |