EUR/CHF – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.90494 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.90707 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Tweezers Top’ candlestick chart pattern is existing. The chart shows ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.90707 – 0.90717 – 0.90768 – 0.90494 – 0.90492 – 0.90558 —
0.90513 – 0.90424 —
24.558207630133 – 21.184804998158 —
– —
0.90707 – 1772748000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Tweezers Top – – – – – – – – –