The combination breaks through the descending trendline up.
An ascending movement up to the next resistance level at 0.006697000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.006467000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006918000 |
2nd High | 0.006780000 |
Next High | 0.006697000 |
Current Price | 0.006727000 |
Next Low | 0.006467000 |
2nd Low | 0.006242000 |
3rd Low | 0.005817000 |