EUR/CHF – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.89996456 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.90467 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.90467 – 0.90498 – 0.90469 – 0.9021 – 0.89803 – 0.89831 —
0.90417 – 0.90287 —
43.144437085931 – 44.657839754819 —
– —
0.90467 – 1773223200

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