EUR/CHF – 1H – SELL

Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.90666 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.91161 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.91161 – 0.91452 – 0.91023 – 0.9086 – 0.90682 – 0.90486 —
0.91062 – 0.91138 —
41.309863452837 – 50.550463789074 —
– —
0.91161 – 1774047600

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