EUR/CHF – 1H – SELL

In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.93054552 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.93157 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.93022 – 0.9306 – 0.93157 – 0.92766 – 0.92697 – 0.92974 —
0.93121 – 0.93177 —
63.074507621368 – 67.54570753208 —
– —
0.93022 – 1767726000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two Crows – – – – – – – – –