EUR/CHF – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 0.93121 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.93342 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93342 – 0.93557 – 0.93497 – 0.93121 – 0.93356 – 0.93286 — 62.183962547516 – 53.197154942034 — 55.329984171771 – 40.439978895694 – 61.48754000174 – 51.66323683207

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – –