EUR/CHF – 1H – SELL

Moreover a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.91884 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.92867 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.92867 – 0.93072 – 0.92912 – 0.91884 – 0.92723 – 0.92574 —
0.92317 – 0.92272 —
26.345880674904 – 33.616407686362 —
– —
0.92867 – 1769187600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two Crows – – – – – – – – –