EUR/CHF – 4H – SELL

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

A continuation of the bearish trend down to the next support level at 0.90944 will continue.

Caution: A possible change in the direction of the resistance line at 0.91687 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.91687 – 0.92171 – 0.93072 – 0.90944 – 0.91442 – 0.91485 —
0.91608 – 0.91305 —
42.589745061811 – 40.196979228986 —
– —
0.91687 – 1770825600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –