EUR/CHF – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.92128 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.92315 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bearish Harami’ candle chart pattern is detected. The candles form ‘Bearish Harami’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

0.92315 – 0.92148 – 0.92137 – 0.91969 – 0.92035 – 0.91943 —
0.92201 – 0.92219 —
45.188312078026 – 49.723543443566 —
– —
0.92315 – 1776297600

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