The combination goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 4.271000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 4.437000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.858000000 |
2nd High | 4.615000000 |
Next High | 4.437000000 |
Current Price | 4.248000000 |
Next Low | 4.271000000 |
2nd Low | 4.199000000 |
3rd Low | 4.146000000 |