EUR/CHF – 30M – SELL

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

A descent downwards to the next support level at 0.90314 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.90654 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bearish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.90654 – 0.90468 – 0.90414 – 0.90314 – 0.8988 – 0.90215 —
0.90616 – 0.90668 —
62.060393709647 – 66.729299981042 —
– —
0.90654 – 1773698400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold – – – – – – – – –