The combination jumps from the ascending trendline down.
A bearish descent downwards to the next support line at 0.519400000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.530500000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.536700000 |
2nd High | 0.533800000 |
Next High | 0.530500000 |
Current Price | 0.518400000 |
Next Low | 0.519400000 |
2nd Low | 0.505700000 |
3rd Low | 0.486000000 |