Sell EUR/CHF – 30M – SELL

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

A descending movement downwards to the next support at 0.93011 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.93245 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a indicator signal is detected. The indicator shows ”. which could be a negative chart signal. The currency pair is likely to fall.

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And also a indicator signal is detected. The indicator shows ”. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93259
2nd High 0.93253
Next High 0.93245
Current Price 0.93396
Next Low 0.93011
2nd Low 0.92989
3rd Low 0.92753

0.93245 – 0.92966 – 0.93048 – 0.93011 – 0.92989 – 0.92753 —
0.93456 – 0.93472 —
76.964850794234 – 69.873938793376 —
– —
0.93245 – 1763978400

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