EUR/CHF – 30M – SELL

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

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

The bearish trend down to the next support line at will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.94288 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Matching Low’ candle pattern is existing. The candles show ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.94288 – 0.94035 – 0.93880 – 0.93875 – 0.93629 – 0.93603

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low