EUR/CHF – 30M – SELL

Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.91485 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.91808 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Southern Doji’ candle pattern is found. The candles form ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.91808 – 0.91809 – 0.9183 – 0.91584 – 0.91669 – 0.91485 —
0.91716 – 0.91640 —
48.349243737981 – 26.949496250509 —
– —
0.91808 – 1770282000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Southern Doji – Rising Wedge Chart Pattern – – – – – – – –