EUR/CHF – 1H – 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 0.91519 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.91808 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.91808 – 0.91809 – 0.9183 – 0.91519 – 0.91442 – 0.91584 —
0.91789 – 0.91703 —
58.954571459819 – 46.141355815834 —
0.91519 – 1770598800 —
0.91808 – 1770372000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –