EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.91572 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

0.91572 – 0.9156 – 0.91756 – 0.91332 – 0.91443 – 0.91447 —
0.91543 – 0.91530 —
53.869892744618 – 48.468621305198 —
– —
0.91572 – 1778166000

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