EUR/CHF – 30M – SELLBesides a ‘Bearish Engulfing’ chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94193 |
| 2nd High | 0.94186 |
| Next High | 0.94157 |
| Current Price | 0.94009 |
| Next Low | 0.93766 |
| 2nd Low | 0.93371 |
| 3rd Low | 0.93297 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Engulfing