Sell EUR/CHF – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.92681 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.92972 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93281
2nd High 0.93166
Next High 0.92972
Current Price 0.92755
Next Low 0.92681
2nd Low 0.92577
3rd Low 0.92544

0.92972 – 0.93166 – 0.93281 – 0.92681 – 0.93043 – 0.93076 —
0.92906 – 0.92844 —
40.941906624477 – 35.106459648473 —
– —
0.92972 – 1768816800

Trading Signals:

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