EUR/CHF – 1H – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline down.

The bearish trend downwards to the next support level at 0.91199 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.91506 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is 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 signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Three Inside Down’ chart pattern is existing. The chart shows ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.91506 – 0.91323 – 0.91414 – 0.91199 – 0.91033 – 0.9105 —
0.91268 – 0.91347 —
43.139385586444 – 55.447787527339 —
– —
0.91506 – 1772110800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Inside Down – Double top chart pattern – – – – – – – –