EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support level at 0.93854 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.94132 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Southern Doji’ chart pattern is found. The chart shows ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.94132 – 0.94172 – 0.94190 – 0.93854 – 0.93967 – 0.93540

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Southern Doji