The combination breaks through the descending trendline up.
An ascent up to the next resistance at 30.760000000 is considered certain.
Caution: A possible change in the direction of the support level at 28.300000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 29.37 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 30.760000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 30.850000000 |
Next High | 30.760000000 |
Current Price | 29.570000000 |
Next Low | 28.300000000 |
2nd Low | 28.100000000 |
3rd Low | 25.060000000 |