The combination jumps from the descending trendline upwards
A bullish ascent up to the next resistance at 0.008098000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.007306000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 0.007817412 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.008098000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.009180000 |
2nd High | 0.008347000 |
Next High | 0.008098000 |
Current Price | 0.007428000 |
Next Low | 0.007306000 |
2nd Low | 0.005957000 |
3rd Low | 0.005677000 |