EUR/CHF – 30M – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.91506 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.91144628 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.91506 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.91506 – 0.91279 – 0.91323 – 0.91214 – 0.91179 – 0.91033 —
0.91318 – 0.91291 —
51.754915812371 – 42.73986919436 —
– —
0.91506 – 1772112600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – Double top chart pattern – – – – – – – –