Sell EUR/CHF – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support at 0.93174 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.93465 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Matching Low’ candle chart pattern is detected. The chart forms ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.93574
2nd High 0.93501
Next High 0.93465
Current Price 0.93346
Next Low 0.93174
2nd Low 0.92753
3rd Low 0.92068

0.93465 – 0.93501 – 0.93248 – 0.93174 – 0.93217 – 0.92753 —
0.93290 – 0.93442 —
50.908168663564 – 63.294663784717 —
– —
0.93465 – 1764176400

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