The combination jumps from the ascending trendline down.
A descending movement downwards to the next support at 0.002247800 is certain.
Caution: A possible change in the direction of the resistance line at 0.002271200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 0.0022785 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 0.002271200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002278500 |
2nd High | 0.002273500 |
Next High | 0.002271200 |
Current Price | 0.002265400 |
Next Low | 0.002247800 |
2nd Low | 0.002226800 |
3rd Low | 0.002209100 |