EUR/CHF – 4H – SELL

The pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards

A continuation of the downward movement down to the next support line at 0.92697 is expected.

Caution: A possible change in the direction of the resistance level at 0.93492 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. this 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.93492 – 0.93257 – 0.93165 – 0.92957 – 0.92697 – 0.92755 —
0.92650 – 0.92986 —
28.462041981465 – 56.35768896497 —
– —
0.93492 – 1768377600

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