EUR/CHF – 4H – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 0.91037 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.91687 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.91687 – 0.92171 – 0.93072 – 0.91037 – 0.91066 – 0.90944 —
0.91169 – 0.91349 —
37.274259641128 – 52.522809881455 —
– —
0.91687 – 1770825600

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