EUR/CHF – 1H – SELL

Furthermore a ‘Double top chart pattern’ chart pattern is found. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.

The combination Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 0.93329 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.93813 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.9335086 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.93813 could happen.
Consider stop-loss settings accordingly.

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

0.93813 – 0.93537 – 0.93720 – 0.93329 – 0.93256 – 0.93201

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows