The combination moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 0.343900000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.357000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.3564348 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.357000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.371100000 |
2nd High | 0.361100000 |
Next High | 0.357000000 |
Current Price | 0.351200000 |
Next Low | 0.343900000 |
2nd Low | 0.339300000 |
3rd Low | 0.331500000 |