Sell EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 0.91633 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.91832 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candlestick pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92354
2nd High 0.92112
Next High 0.91832
Current Price 0.91600
Next Low 0.91633
2nd Low 0.91629
3rd Low

0.91832 – 0.92112 – 0.92099 – 0.91709 – 0.91633 – 0.91809 —
0.91746 – 0.91661 —
44.432754699393 – 39.224832457957 —
– —
0.91832 – 1769679000

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