Sell EUR/CHF – 1H – SELL

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.91874 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.92503 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. 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 0.92653
2nd High 0.92628
Next High 0.92503
Current Price 0.91658
Next Low 0.91942
2nd Low 0.91874
3rd Low 0.91698

0.92503 – 0.92499 – 0.92165 – 0.92216 – 0.92299 – 0.91942 —
0.92356 – 0.92092 —
45.336390910838 – 23.889043080613 —
– —
0.92503 – 1777478400

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