Sell EUR/CHF – 30M – SELL

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

A descending movement down to the next support line at 0.92860 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.93385 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.92871584 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.93385 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.93440
2nd High 0.93407
Next High 0.93385
Current Price 0.92998
Next Low 0.92860
2nd Low 0.92696
3rd Low 0.92045

Download EUR/CHF Signal Image

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