Sell EUR/CHF – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.91809 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Bearish Belt Hold’ candlestick pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 0.91945
2nd High 0.9183
Next High 0.91809
Current Price 0.91678
Next Low
2nd Low
3rd Low

0.91809 – 0.9183 – 0.91752 – 0.91584 – 0.91669 – 0.91485 —
0.91768 – 0.91729 —
58.468235497273 – 47.939373969872 —
– —
0.91809 – 1770249900

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