EUR/CHF – 30M – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.91625 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.9181 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.9181 – 0.91771 – 0.91834 – 0.91625 – 0.91634 – 0.92234 —
0.91737 – 0.91724 —
40.090539294887 – 51.486589695143 —
– —
0.9181 – 1776771000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – Rising Wedge Chart Pattern – – – – – – – –