EUR/CHF – 30M – SELL

Also there is a ‘Double bottom retreat down’ chart layout is existing. The chart picture shows ‘Double bottom retreat down’. this is a bearish signal. The currency pair is likely to fall.

The combination Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline down.

A descending movement down to the next support line at 0.93691 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.93956 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going 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 – –