EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline downwards

A descending movement down to the next support at 0.90179 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.90498 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

0.90382 – 0.90279 – 0.90391 – 0.90179 – 0.9006 – 0.90087 —
0.90396 – 0.90490 —
63.500955968038 – 74.573450401268 —
– —
0.90382 – 1773315000

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