Buy EUR/CHF – 4H – BUY

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.92577 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.93492 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93953
2nd High 0.9367
Next High 0.93492
Current Price 0.92689
Next Low 0.92697
2nd Low 0.92577
3rd Low 0.91789

0.93492 – 0.93257 – 0.93165 – 0.92957 – 0.92697 – 0.92755 —
0.92958 – 0.92910 —
35.837222216775 – 38.892920018312 —
– —
0.93492 – 1768377600

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