EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 0.91954 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.92283 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The 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).

0.92283 – 0.92867 – 0.92864 – 0.91954 – 0.91884 – 0.92713 —
0.92069 – 0.92243 —
34.321904908354 – 49.882043801739 —
0.91954 – 1769427000 —
0.92283 – 1769421600

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