EUR/CHF – 30M – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.

A continuation of the bearish trend down to the next support level at 0.91537 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.91808 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Then a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.91808 – 0.91729 – 0.91808 – 0.91537 – 0.91442 – 0.91584 —
0.91794 – 0.91781 —
61.527815841472 – 58.952359090993 —
– —
0.91808 – 1770373800

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