EUR/CHF – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.91451 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.91756 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.91451 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.91756 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. this is a bearish 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’ going down is 82%.

0.91756 – 0.91654 – 0.91676 – 0.91451 – 0.91489 – 0.91489 —
0.91660 – 0.91551 —
51.76408053142 – 41.682289005528 —
– —
0.91756 – 1778068800

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