EUR/CHF – 30M – SELL

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is found. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.94369 – 0.94374 – 0.94465 – 0.93691 – 0.93614 – 0.93967

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Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down