EUR/CHF – 30M – SELL

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

A continuation of the downward movement down to the next support line at will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.94170 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.94170 – 0.94213 – 0.94463 – 0.94011 – 0.94097 – 0.94264 — 42.800763048226 – 39.826519137231 — 71.930701316009 – 60.382771577174 – 79.175844176677 – 71.799285542414

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – Double top retreat up – –