EUR/CHF – 30M – SELL

Also there is a ‘Double bottom retreat down’ chart layout is existing. The chart shows ‘Double bottom retreat down’. which is a bearish chart scenario. The pair is likely to go down.

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

A bearish descent down to the next support line at 0.93691 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.93956 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93829 – 0.93803 – 0.93717 – 0.93691 – 0.93692 – 0.93583 — 60.405615645686 – 38.085812175096 — 79.464931308749 – 57.545708088007 – 66.930930000344 – 67.616120924147

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double bottom retreat down – –