EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.

A continuation of the downward movement down to the next support line at 0.91055 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.91215 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is found. The chart shows ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ going down is 79%.

0.91215 – 0.91363 – 0.91448 – 0.91055 – 0.91037 – 0.91163 —
0.91143 – 0.91158 —
38.874436944051 – 52.284222459339 —
– —
0.91215 – 1771291800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Engulfing – – – – – – – – –