EUR/CHF – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.91568 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.91945 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern 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’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.91945 – 0.92171 – 0.91728 – 0.91809 – 0.91568 – 0.91509 —
0.91816 – 0.91768 —
33.855444814754 – 39.425564578801 —
– —
0.91945 – 1770098400

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