Sell EUR/CHF – 4H – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.91629 is likely expected.

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

Also there is a indicator layout is found. The indicator is ”. which could be a negative signal. The pair is likely to go down.

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Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.9367
2nd High 0.93492
Next High 0.93072
Current Price 0.91600
Next Low 0.91629
2nd Low
3rd Low

0.93072 – 0.93492 – 0.93257 – 0.91629 – 0.91884 – 0.92536 —
0.92099 – 0.91822 —
37.287016251489 – 33.684881144605 —
– —
0.93072 – 1769025600

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