Sell EUR/CHF – 1H – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 0.92705 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.92972 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a indicator signal is found. The indicator is ”. which is often a bearish chart scenario. The pair is likely to go down.

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Besides a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.93492
2nd High 0.93281
Next High 0.92972
Current Price 0.92664
Next Low 0.92705
2nd Low 0.92681
3rd Low 0.92577

0.92972 – 0.93281 – 0.93492 – 0.92705 – 0.92681 – 0.93076 —
0.92878 – 0.92912 —
47.178210936419 – 46.123524675141 —
– —
0.92972 – 1768816800

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