The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.92705 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.92972 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ” indicator signal is found. The indicator is ”. which is often a bearish chart scenario. The pair is likely to go down.
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Besides a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.
Besides a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93492 |
| 2nd High | 0.93281 |
| Next High | 0.92972 |
| Current Price | 0.92664 |
| Next Low | 0.92705 |
| 2nd Low | 0.92681 |
| 3rd Low | 0.92577 |
0.92972 – 0.93281 – 0.93492 – 0.92705 – 0.92681 – 0.93076 —
0.92878 – 0.92912 —
47.178210936419 – 46.123524675141 —
– —
0.92972 – 1768816800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –