EUR/CHF – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 0.9006 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.90279 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.90279 – 0.90391 – 0.90467 – 0.9006 – 0.90087 – 0.9021 —
0.90242 – 0.90233 —
43.693608962422 – 49.148616355077 —
– —
0.90279 – 1773277200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – – – – – – – – –