EUR/CHF – 30M – SELL

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

A continuation of the downward movement down to the next support at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.90875 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Next a ‘Three Outside Down’ chart pattern is discovered. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. 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).

0.90875 – 0.91274 – 0.91304 – 0.90558 – 0.90663 – 0.90905 —
0.90983 – 0.90842 —
70.328593604377 – 56.408858965464 —
– —
0.90875 – 1772586000

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