Sell EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 0.92766 will persist.

Caution: A possible change in the direction of the resistance zone at 0.93022 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Southern Doji’ chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93157
2nd High 0.9306
Next High 0.93022
Current Price 0.92972
Next Low 0.92766
2nd Low 0.92754
3rd Low 0.92697

0.93022 – 0.92931 – 0.9306 – 0.92766 – 0.92754 – 0.92697 —
0.93005 – 0.93009 —
61.453363279273 – 58.126677696721 —
– —
0.93022 – 1767727800

Trading Signals:

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