EUR/CHF – 1H – SELL

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

A continuation of the downward movement down to the next support level at 0.8988 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.90544 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘Collapsing Doji Star’ candle chart pattern is found. The candles form ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).

0.90544 – 0.90467 – 0.90498 – 0.8988 – 0.90215 – 0.90179 —
0.90337 – 0.90417 —
46.843952497601 – 54.905330191169 —
– —
0.90544 – 1773378000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Collapsing Doji Star – – – – – – – – –