The combination moves from the ascending trendline down.
A bearish trend downwards to the next support line at 4.004000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 4.208000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.260000000 |
2nd High | 4.226000000 |
Next High | 4.208000000 |
Current Price | 4.173000000 |
Next Low | 4.004000000 |
2nd Low | 3.979000000 |
3rd Low | 3.848000000 |