The combination goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 145.350000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 148.760000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 145.685 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 148.760000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 149.920000000 |
2nd High | 149.070000000 |
Next High | 148.760000000 |
Current Price | 146.890000000 |
Next Low | 145.350000000 |
2nd Low | 141.120000000 |
3rd Low | 140.900000000 |