EUR/CHF – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.92072 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.92343 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bearish Harami’ candle pattern is found. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. 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).

0.92343 – 0.92046 – 0.91974 – 0.91948 – 0.92079 – 0.91918 —
0.92243 – 0.92195 —
64.415408758765 – 55.33909921865 —
– —
0.92343 – 1781128800

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