EUR/CHF – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.91948 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.92281 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Bearish Engulfing’ candlestick pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

0.92281 – 0.92343 – 0.92309 – 0.91948 – 0.92095 – 0.92183 —
0.92101 – 0.92136 —
47.475731735756 – 57.160231895998 —
– —
0.92281 – 1781175600

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