Sell EUR/CHF – 1H – SELL

The combination Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at is certain.

Caution: A possible change in the direction of resistance at 0.92912 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93281
2nd High 0.92972
Next High 0.92912
Current Price 0.92688
Next Low
2nd Low
3rd Low

0.92912 – 0.92972 – 0.93281 – 0.92536 – 0.92705 – 0.92681 —
0.92633 – 0.92717 —
38.726605630561 – 54.030586231164 —
– —
0.92912 – 1768896000

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals