EUR/CHF – 30M – SELL

Next a ‘Double top chart pattern’ chart formation is existing. The formation shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

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

The bearish trend down to the next support level at 0.9326 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.93492 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Three Inside Down’ candle chart pattern is existing. The chart shows ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.93492 – 0.9354 – 0.93375 – 0.93412 – 0.9326 – 0.93237 — 53.372447646942 – 42.468444285224 — 80.03183778087 – 60.151275980005 – 59.239310231754 – 66.533108025096

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Inside Down – Double top chart pattern – –