EUR/CHF – 1H – SELL

Also there is a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards

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

Caution: A possible trend reversal in the direction of the resistance zone at 0.93813 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.9335086 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.93813 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout 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.

0.93813 – 0.93537 – 0.93720 – 0.93329 – 0.93256 – 0.93201

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