EUR/CHF – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.92766 will persist.

Caution: A possible change in the direction of the resistance zone at 0.9306 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.9306 – 0.93157 – 0.93165 – 0.92766 – 0.92697 – 0.92974 —
0.92873 – 0.93022 —
49.200034703633 – 64.407327991053 —
– —
0.93060 – 1767614400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two Crows – – – – – – – – –