The combination moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 4.075000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 4.272000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.100000000 |
2nd High | 4.964000000 |
Next High | 4.272000000 |
Current Price | 3.960000000 |
Next Low | 4.075000000 |
2nd Low | 3.989000000 |
3rd Low | 3.973000000 |