EUR/CHF – 30M – SELL

Then a ‘Double bottom chart pattern’ chart formation is existing. The chart forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.

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

A bearish movement downwards to the next support line at 0.93629 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.93990 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Tweezers Top’ candlestick chart pattern is existing. The candles form ‘Tweezers Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.93880 – 0.93762 – 0.93925 – 0.93629 – 0.93603 – 0.93608

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Tweezers Top