EUR/CHF – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish descent downwards to the next support level at 0.93174 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.93465 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.

0.93465 – 0.93501 – 0.93248 – 0.93174 – 0.93217 – 0.92753 —
0.93250 – 0.93373 —
46.547077994827 – 59.921669295355 —
– —
0.93465 – 1764176400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Symmetrical Triangle Chart Pattern – – – – – – – –