EUR/CHF – 1H – SELL

Next a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.91431 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 0.91775 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ candlestick chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.91775 – 0.92503 – 0.92499 – 0.91431 – 0.91555 – 0.91495 —
0.91765 – 0.91676 —
60.784755023251 – 49.349247944983 —
– —
0.91775 – 1777651200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – – – – – – – – –