The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline downwards
A descending movement down to the next support at 0.92075 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.92295 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which 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 Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92663 |
| 2nd High | 0.92659 |
| Next High | 0.92295 |
| Current Price | 0.92121 |
| Next Low | 0.92075 |
| 2nd Low | 0.92047 |
| 3rd Low | 0.91763 |
0.92295 – 0.92659 – 0.92261 – 0.92075 – 0.92047 – 0.92329 —
0.92203 – 0.92193 —
40.613471872777 – 39.596650453053 —
– —
0.92295 – 1782342000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –