EUR/CHF – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 0.92143 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.92357 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Bearish Belt Hold’ candlestick pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.92357 – 0.92315 – 0.92148 – 0.92143 – 0.91969 – 0.91941 —
0.92324 – 0.92297 —
56.207684735159 – 53.346064457289 —
– —
0.92357 – 1776369600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold – Rising Wedge Chart Pattern – – – – – – – –