EUR/CHF – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.91125264 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.91349 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Bearish Harami’ candlestick chart pattern is found. The candles form ‘Bearish Harami’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

0.91349 – 0.91411 – 0.91399 – 0.91055 – 0.91037 – 0.91163 —
0.91340 – 0.91207 —
46.728189702767 – 34.4344923328 —
– —
0.91349 – 1771410600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Harami – – – – – – – – –