The combination goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 2390.050000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 2423.000000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 2478.890000000 |
2nd High | 2441.640000000 |
Next High | 2423.000000000 |
Current Price | 2416.130000000 |
Next Low | 2390.050000000 |
2nd Low | 2352.600000000 |
3rd Low | 2310.000000000 |