EUR/CHF – 30M – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.

A continuation of the bearish trend down to the next support level at 0.93174 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.93465 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93465 – 0.93461 – 0.93501 – 0.93174 – 0.93217 – 0.93366 —
0.93332 – 0.93363 —
51.757084732413 – 60.796392811709 —
– —
0.93465 – 1764176400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –