The combination goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.404300000 is likely expected.
Caution: A possible change in the direction of support at 0.395900000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.40315 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.404300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.409600000 |
2nd High | 0.405900000 |
Next High | 0.404300000 |
Current Price | 0.399500000 |
Next Low | 0.395900000 |
2nd Low | 0.392200000 |
3rd Low | 0.377900000 |