EUR/CHF – 1H – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 0.93059 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.93455 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93455 – 0.93806 – 0.94014 – 0.93059 – 0.93349 – 0.93412

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double top chart pattern