EUR/CHF – 1H – SELL

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

A continuation of the downward movement down to the next support level at 0.92911 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.93245 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.92971556 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.93245 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern 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’ heading down is 82%.

Download EUR/CHF Signal Image

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