EUR/CHF – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.91874 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.92147 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Matching Low’ candle chart pattern is found. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.92147 – 0.91918 – 0.9181 – 0.91874 – 0.91698 – 0.917 —
0.92072 – 0.92135 —
62.069746253549 – 57.077337706412 —
– —
0.92147 – 1777046400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –