EUR/CHF – 1H – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline downwards

A bearish trend downwards to the next support line at 0.92753 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.93048 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.93048 – 0.92961 – 0.92306 – 0.92753 – 0.92822 – 0.92068 —
0.93143 – 0.93233 —
64.145404978326 – 63.435380536215 —
– —
0.93048 – 1763658000

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