EUR/CHF – 30M – SELLThe combination Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.91434 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.91832 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Three Inside Down’ candle chart pattern is existing. The candles form ‘Three Inside Down’. which is a bearish pattern 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 Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92354 |
| 2nd High | 0.92112 |
| Next High | 0.91832 |
| Current Price | 0.91587 |
| Next Low | 0.91434 |
| 2nd Low | |
| 3rd Low |
0.91832 – 0.92112 – 0.92099 – 0.91434 – 0.91709 – 0.91633 —
0.91659 – 0.91736 —
58.850286145554 – 66.929517609774 —
– —
0.91832 – 1769679000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Inside Down – – – – – – – – –