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 0.922225 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.92503 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Belt Hold’ candlestick pattern is detected. The candles show ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.92503 – 0.92499 – 0.92165 – 0.92299 – 0.91942 – 0.91961 —
0.92401 – 0.92403 —
51.548998190685 – 49.387938906661 —
– —
0.92503 – 1777480200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold – – – – – – – – –