EUR/CHF – 1H – SELL

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

A continuation of the downtrend down to the next support level at 0.93543 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.93925 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.93925 – 0.93953 – 0.93432 – 0.93543 – 0.93262 – 0.93265 —
0.93925 – 0.93924 —
65.590179196832 – 56.436271357958 —
0.93925 – 1765260000 —
– 1765260000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –