The combination moves from the bullish trendline down.
A descending movement down to the next support line at 0.394800000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.404000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.3948668 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.404000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.406900000 |
Next High | 0.404000000 |
Current Price | 0.400500000 |
Next Low | 0.394800000 |
2nd Low | 0.377900000 |
3rd Low | 0.365300000 |