EUR/CHF – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.90131 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Last Engulfing Top’ chart pattern is detected. The chart forms ‘Last Engulfing Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.90131 – 0.90707 – 0.90717 – 0.89803 – 0.89831 – 0.90494 —
0.90321 – 0.90451 —
64.434865524637 – 66.926244014573 —
– —
0.90131 – 1773048600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Last Engulfing Top – – – – – – – – –