The combination breaks through the bearish trendline up.
A bullish trend up to the next resistance at 2655.500000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 2631.020000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2675.580000000 |
2nd High | 2663.490000000 |
Next High | 2655.500000000 |
Current Price | 2650.790000000 |
Next Low | 2631.020000000 |
2nd Low | 2612.200000000 |
3rd Low | 2575.400000000 |