EUR/CHF – 4H – SELL

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

A continuation of the downtrend down to the next support line at 0.92555 is expected.

Caution: A possible change in the direction of resistance at 0.94176 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.92501034 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 0.94176 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick pattern is found. 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 chance of ‘Three Black Crows’ going down is 82%.

Download EUR/CHF Signal Image

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