Sell EUR/CHF – 1H – SELL

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

A descending movement down to the next support line at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.9306 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93165
2nd High 0.93157
Next High 0.9306
Current Price 0.92796
Next Low
2nd Low
3rd Low

0.9306 – 0.93157 – 0.93165 – 0.92697 – 0.92974 – 0.92755 —
0.92786 – 0.92831 —
42.826829677076 – 47.636879485661 —
– —
0.93060 – 1767614400

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