Sell EUR/CHF – 30M – SELL

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

A descent down to the next support line at 0.917 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.92053 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.92357
2nd High 0.92321
Next High 0.92053
Current Price 0.91816
Next Low 0.917
2nd Low 0.91598
3rd Low 0.91587

0.91851 – 0.91741 – 0.9181 – 0.917 – 0.91598 – 0.91587 —
0.91876 – 0.91916 —
60.576298694358 – 62.365123295456 —
– —
0.91851 – 1776871800

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