EUR/CHF – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.89803 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.90707 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ going down is 82%.

0.90707 – 0.90717 – 0.90984 – 0.89803 – 0.89831 – 0.90528 —
0.90296 – 0.90392 —
59.001414819821 – 62.419957352981 —
– —
0.90707 – 1772748000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –