EUR/CHF – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.92018 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.92165 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Bearish Harami’ candle pattern is detected. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

0.92165 – 0.92071 – 0.92147 – 0.91961 – 0.92009 – 0.91874 —
0.92077 – 0.92082 —
50.979914960172 – 50.875146722169 —
– —
0.92165 – 1777285800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Harami – – – – – – – – –