EUR/CHF – 30M – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at will persist.

Caution: A possible change in the direction of the resistance level at 0.93806 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93806 – 0.93762 – 0.94014 – 0.93412 – 0.93504 – 0.93555

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Inverse Head and Shoulder chart pattern