EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 0.93494 will persist.

Caution: A possible change in the direction of the resistance zone at 0.93639 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.93544124 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.93639 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish signal. 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%.

Download EUR/CHF Signal Image

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