The combination jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 4.086000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 4.351000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.411000000 |
2nd High | 4.386000000 |
Next High | 4.351000000 |
Current Price | 4.236000000 |
Next Low | 4.086000000 |
2nd Low | 3.962000000 |
3rd Low | 3.951000000 |