Sell EUR/CHF – 1H – SELL

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

A continuation of the downtrend down to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 0.90707 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.90984
2nd High 0.90717
Next High 0.90707
Current Price 0.90370
Next Low
2nd Low
3rd Low

0.90707 – 0.90717 – 0.90984 – 0.89803 – 0.89831 – 0.90528 —
0.90197 – 0.90458 —
51.573481158891 – 69.790517833356 —
– —
0.90707 – 1772748000

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