The combination goes from the descending trendline up.
An ascending movement up to the next resistance line at 0.60891 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.60393 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.61191 |
2nd High | 0.61054 |
Next High | 0.60891 |
Current Price | 0.60684 |
Next Low | 0.60393 |
2nd Low | 0.60145 |
3rd Low | 0.59781 |