EUR/CHF – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The pair Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline down.

The bearish trend down to the next support at 0.91152 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.91411 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Matching Low’ candle chart pattern is existing. The candles form ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.91293 – 0.91262 – 0.91349 – 0.91152 – 0.91167 – 0.91101 —
0.91312 – 0.91390 —
62.499139667318 – 65.765365529642 —
– —
0.91293 – 1771536600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – Rising Wedge Chart Pattern – – – – – – – –