The combination goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 159.120000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 166.930000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 162.11 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 166.930000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 183.380000000 |
2nd High | 168.610000000 |
Next High | 166.930000000 |
Current Price | 159.310000000 |
Next Low | 159.120000000 |
2nd Low | 157.580000000 |
3rd Low | 153.450000000 |