EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards

A bearish descent down to the next support line at 0.93093 will persist.

Caution: A possible change in the direction of resistance at 0.9319 could happen.
Consider stop-loss settings accordingly.

Next a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Tweezers Top’ chart pattern is discovered. The candles form ‘Tweezers Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.9319 – 0.93186 – 0.93161 – 0.93093 – 0.93059 – 0.93061 —
0.93144 – 0.93195 —
50.654579994088 – 59.715198771144 —
0.93093 – 1767916800 —
0.93190 – 1767895200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Tweezers Top – – – – – – – – –