EUR/CHF – 4H – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the descending trendline down.

A continuation of the downtrend down to the next support line at 0.90606 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.9149 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Bearish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bearish Belt Hold’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.9149 – 0.91411 – 0.91687 – 0.90606 – 0.91037 – 0.91066 —
0.91160 – 0.91331 —
41.229250086097 – 54.492431698942 —
– —
0.9149 – 1771848000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold – Double bottom retreat down – – – – – – – –