EUR/CHF – 30M – SELL

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

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

Caution: A possible counter-trend in the direction of resistance at 0.9306 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Dark Cloud Cover’ candlestick chart pattern is discovered. The chart forms ‘Dark Cloud Cover’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Dark Cloud Cover’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.9306 – 0.93157 – 0.93165 – 0.92697 – 0.93001 – 0.92974 —
0.92910 – 0.92944 —
51.441897257238 – 53.161122739897 —
– —
0.93060 – 1767614400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Dark Cloud Cover – Double bottom chart pattern – – – – – – – –