EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.

A continuation of the downward movement down to the next support level at 0.92766 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.9306 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.92931 – 0.9306 – 0.93157 – 0.92766 – 0.92754 – 0.92697 —
0.92904 – 0.93005 —
56.19420746459 – 62.060145402996 —
– —
0.92931 – 1767695400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –