EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 0.90179 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.90544 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.90174224 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.90544 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘3 Stars In The South’ candle pattern is existing. The candles show ‘3 Stars In The South’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘3 Stars In The South’ heading up is 86% (Bull Market) & 100% (Bear Market).

0.90544 – 0.90382 – 0.90279 – 0.90179 – 0.9006 – 0.90087 —
0.90540 – 0.90355 —
60.696516037083 – 27.608399249619 —
– —
0.90544 – 1773379800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – 3 Stars In The South – – – – – – – – –