Sell EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.92978 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93504 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 0.93766
2nd High 0.93694
Next High 0.93504
Current Price 0.93468
Next Low 0.92978
2nd Low 0.92750
3rd Low 0.92550

0.93504 – 0.93694 – 0.93766 – 0.92978 – 0.93225 – 0.93113

Download EUR/CHF Signal Image

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