Sell EUR/CHF – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.91224 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.91411 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Harami’ candlestick chart pattern is found. The candles form ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.91608
2nd High 0.91448
Next High 0.91411
Current Price 0.91295
Next Low 0.91055
2nd Low 0.91037
3rd Low 0.90984

0.91411 – 0.91399 – 0.91215 – 0.91055 – 0.91037 – 0.91163 —
0.91285 – 0.91301 —
54.691243109442 – 49.893248087842 —
– —
0.91411 – 1771372800

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