Sell EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline down.

A bearish movement downwards to the next support level at 0.8988 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.90414 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘Three Inside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Inside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 0.90707
2nd High 0.90544
Next High 0.90414
Current Price 0.90377
Next Low 0.8988
2nd Low 0.89803
3rd Low

0.90414 – 0.90544 – 0.90382 – 0.8988 – 0.90215 – 0.90179 —
0.90368 – 0.90462 —
52.850700750005 – 63.733642734851 —
– —
0.90414 – 1773423000

Trading Signals:

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