The combination jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.007839000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.006731000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.007839 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.007839000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008347000 |
2nd High | 0.008098000 |
Next High | 0.007839000 |
Current Price | 0.007787000 |
Next Low | 0.006731000 |
2nd Low | 0.005957000 |
3rd Low | 0.005677000 |