EUR/CHF – 1H – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline downwards

A bearish descent downwards to the next support level at 0.91168 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.91687 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ candlestick pattern is found. The candles form ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.91459 – 0.91161 – 0.91452 – 0.91168 – 0.9086 – 0.90682 —
0.91239 – 0.91658 —
43.32066917137 – 73.094220574055 —
0.91168 – 1774353600 —
0.91459 – 1774274400

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