EUR/CHF – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.92049 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.92285 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Belt Hold’ candle pattern is detected. The chart forms ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.92285 – 0.92215 – 0.92144 – 0.92056 – 0.92071 – 0.91901 —
0.92130 – 0.92176 —
37.426178241281 – 51.037976638302 —
0.92056 – 1775174400 —
0.92285 – 1775151000

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