Buy EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline down.

A bearish trend down to the next support line at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.93475 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Tweezers Top’ candlestick chart pattern is existing. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93948
2nd High 0.93879
Next High 0.93475
Current Price 0.93282
Next Low
2nd Low
3rd Low

0.93475 – 0.93879 – 0.93694 – 0.93121 – 0.93011 – 0.92978

Download EUR/CHF Signal Image

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