EUR/CHF – 1H – SELL

Next a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.92881876 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.93181 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.93181 – 0.93257 – 0.93196 – 0.92971 – 0.93097 – 0.93059 —
0.93049 – 0.93020 —
44.666085185699 – 42.269165617182 —
– —
0.93181 – 1768226400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – – – – – – – – –