Sell EUR/CHF – 1H – SELL

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

A continuation of the downward movement down to the next support line at 0.92709 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.93933 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 0.94423
2nd High 0.93999
Next High 0.93933
Current Price 0.93725
Next Low 0.92709
2nd Low 0.92555
3rd Low 0.92045

Download EUR/CHF Signal Image

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