EUR/CHF – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.92494 will persist.

Caution: A possible change in the direction of the resistance zone at 0.93000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

0.93000 – 0.92958 – 0.92838 – 0.92494 – 0.92384 – 0.92293

Download EUR/CHF Signal Image

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