EUR/CHF – 1H – SELL

The combination Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline down.

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

Caution: A possible counter-trend in the direction of the resistance level at 0.93072 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency 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%.

0.93072 – 0.92912 – 0.92972 – 0.92723 – 0.92574 – 0.92536 —
0.92855 – 0.92867 —
55.440779965349 – 45.583305491947 —
– —
0.93072 – 1769029200

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