Sell EUR/CHF – 30M – SELL

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

A descending movement down to the next support line at 0.9217 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.92431 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.92659
2nd High 0.92613
Next High 0.92431
Current Price 0.92302
Next Low 0.9217
2nd Low 0.9197
3rd Low 0.91968

0.92281 – 0.92245 – 0.92274 – 0.9217 – 0.9197 – 0.92026 —
0.92208 – 0.92349 —
48.564608626436 – 66.681344288993 —
– —
0.92281 – 1782725400

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