EUR/CHF – 30M – SELL

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

A descending movement down to the next support level at 0.92859 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.92961 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Inside Down’ candle chart pattern is detected. The chart forms ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.92961 – 0.92954 – 0.92693 – 0.92859 – 0.92544 – 0.92068 —
0.92866 – 0.92986 —
43.719503567873 – 65.496730248153 —
– —
0.92961 – 1763600400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Inside Down – – – – –