EUR/CHF – 1H – SELL

Moreover a ‘%K cross below 0.8’ indicator signal is detected. The indicator shows ‘%K cross below 0.8’. which is often a bearish chart signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.9269543 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 0.93072 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.93072 – 0.92912 – 0.92972 – 0.92574 – 0.92536 – 0.92705 —
0.93031 – 0.92967 —
61.567607556202 – 56.365173020673 —
– —
0.93072 – 1769029200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –