The combination jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 25.000000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 28.890000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 25 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 28.890000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 30.850000000 |
2nd High | 29.440000000 |
Next High | 28.890000000 |
Current Price | 26.170000000 |
Next Low | 25.000000000 |
2nd Low | 22.790000000 |
3rd Low | 22.370000000 |