EUR/CHF – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 0.92056 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.92285 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Next a ‘Bearish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.92285 – 0.92663 – 0.91999 – 0.92056 – 0.91813 – 0.91516 —
0.92187 – 0.92128 —
54.117766235654 – 48.466561450653 —
– —
0.92285 – 1775149200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – – – – – – – –