EUR/CHF – 1H – SELL

In addition a ‘Double bottom retreat down’ chart layout is detected. The chart forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support line at 0.92536 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.92972 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.92912 – 0.92972 – 0.93281 – 0.92536 – 0.92705 – 0.92681 —
0.92761 – 0.92874 —
54.606670769401 – 62.42940621671 —
– —
0.92912 – 1768896000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double bottom retreat down – – – – – – – –