EUR/CHF – 30M – SELL

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

A bearish trend down to the next support at 0.92122 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.92653 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.92180084 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.92653 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which 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 ‘Three Black Crows’ heading down is 82%.

0.92653 – 0.92223 – 0.9231 – 0.92122 – 0.92034 – 0.92086 —
0.92551 – 0.92380 —
52.176531786562 – 38.494305348021 —
– —
0.92653 – 1775584800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –