The combination jumps from the bullish trendline downwards
A bearish movement down to the next support at 4.130000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 4.255000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 4.1735 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 4.255000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.272000000 |
Next High | 4.255000000 |
Current Price | 4.157000000 |
Next Low | 4.130000000 |
2nd Low | 4.097000000 |
3rd Low | 4.075000000 |