Sell EUR/CHF – 4H – SELL

The pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline down.

A continuation of the downtrend down to the next support level at 0.91884 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.93072 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.9367
2nd High 0.93492
Next High 0.93072
Current Price 0.91762
Next Low 0.91884
2nd Low 0.91789
3rd Low

0.93072 – 0.93492 – 0.93257 – 0.91884 – 0.92536 – 0.92957 —
0.92215 – 0.92332 —
24.804694225804 – 35.068281415952 —
– —
0.93072 – 1769025600

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