Sell EUR/CHF – 30M – SELL

Also there is a ‘Double bottom chart pattern’ chart formation is discovered. The chart shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.

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

A descending movement downwards to the next support at 0.93629 will persist.

Caution: A possible change in the direction of the resistance zone at 0.94035 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.94369
2nd High 0.94207
Next High 0.94035
Current Price 0.93913
Next Low 0.93629
2nd Low 0.93603
3rd Low 0.93363

0.94035 – 0.93880 – 0.93762 – 0.93629 – 0.93603 – 0.93608

Trading Signals:

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