EUR/CHF – 30M – SELLAlso there is a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94407 |
| 2nd High | 0.94278 |
| Next High | 0.94053 |
| Current Price | 0.93847 |
| Next Low | 0.93783 |
| 2nd Low | 0.93578 |
| 3rd Low | 0.93538 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Engulfing