EUR/CHF – 4H – SELL

The pair Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline downwards

A descending movement down to the next support at is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.92343 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair could go down.

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 0.916505 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.92343 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is 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 probability of ‘Three Black Crows’ heading down is 82%.

0.92343 – 0.91917 – 0.91691 – 0.91948 – 0.91429 – 0.90958 —
0.92098 – 0.92091 —
50.295519055885 – 45.318265652237 —
– —
0.92343 – 1781121600

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