EUR/CHF – 1H – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.91942 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.92503 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.92022444 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.92503 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.92503 – 0.92499 – 0.92165 – 0.92216 – 0.92299 – 0.91942 —
0.92365 – 0.92323 —
46.208873595493 – 34.829063062066 —
– —
0.92503 – 1777478400

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