The combination goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 28.300000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 29.870000000 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 30.850000000 |
Next High | 29.870000000 |
Current Price | 28.490000000 |
Next Low | 28.300000000 |
2nd Low | 25.060000000 |
3rd Low | 23.900000000 |