EUR/CHF – 30M – SELL

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

A bearish descent downwards to the next support level at 0.91214 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.91506 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. this is a bullish 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).

0.91506 – 0.91279 – 0.91323 – 0.91214 – 0.91179 – 0.91033 —
0.91279 – 0.91343 —
44.8732775195 – 53.10894963038 —
– —
0.91506 – 1772112600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –