Sell EUR/CHF – 1H – SELL

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

A descent down to the next support line at is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.92301 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.93253
2nd High 0.92578
Next High 0.92301
Current Price 0.92133
Next Low
2nd Low
3rd Low

0.92301 – 0.92289 – 0.92578 – 0.9211 – 0.91789 – 0.92324 —
0.92272 – 0.92276 —
54.384305364765 – 52.460311572673 —
– —
0.92301 – 1763161200

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