EUR/CHF – 4H – SELL

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

A descending movement downwards to the next support at 0.93262 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.93953 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘%K fall below 80’ indicator signal is discovered. The indicator is ‘%K fall below 80’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.92871 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.93953 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.93953 – 0.93486 – 0.93501 – 0.93262 – 0.93118 – 0.92753 —
0.93748 – 0.93506 —
55.725654965905 – 38.512312072083 —
– —
0.93953 – 1765209600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – Double bottom chart pattern – – – – – – – –