EUR/CHF – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.91037 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.91363 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Two Crows’ candlestick pattern is existing. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.91363 – 0.91448 – 0.91687 – 0.91037 – 0.9107 – 0.91066 —
0.91206 – 0.91277 —
51.934974575778 – 56.41671810647 —
– —
0.91363 – 1771246800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two Crows – – – – – – – – –