EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) moves from the bullish trendline downwards

A bearish movement down to the next support line at 0.91942 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.92165 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

0.92165 – 0.92071 – 0.92147 – 0.91942 – 0.91961 – 0.92009 —
0.92061 – 0.92131 —
49.315459401273 – 60.175665389851 —
– —
0.92165 – 1777285800

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