Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.
The pair Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.92681 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.92972 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ” indicator signal is discovered. The indicator is ”. this is usually a bearish chart scenario. The pair is likely to go down.
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Additionally a ‘%K cross below 0.8’ indicator signal is discovered. The indicator is ‘%K cross below 0.8’. this is usually a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Additionally a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93281 |
| 2nd High | 0.93166 |
| Next High | 0.92972 |
| Current Price | 0.92664 |
| Next Low | 0.92681 |
| 2nd Low | 0.92577 |
| 3rd Low | 0.92544 |
0.92972 – 0.93166 – 0.93281 – 0.92814 – 0.92705 – 0.92681 —
0.92870 – 0.92883 —
48.730539668491 – 36.125035562796 —
– —
0.92972 – 1768816800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –