Buy EUR/CHF – 30M – BUY

Next a ‘Double bottom retreat down’ chart pattern is existing. The chart picture shows ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Next a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.94288
2nd High 0.94285
Next High 0.94256
Current Price 0.94200
Next Low 0.93753
2nd Low 0.93618
3rd Low 0.93608

0.94057 – 0.94256 – 0.93958 – 0.93753 – 0.93618 – 0.93901

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