EUR/CHF – 30M – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline downwards

A descending movement down to the next support level at 0.93603 is certain.

Caution: A possible change in the direction of the resistance zone at 0.93925 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.93762 – 0.93925 – 0.93967 – 0.93603 – 0.93608 – 0.93639

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