EUR/CHF – 30M – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

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 0.91713 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.91997 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.91997 – 0.91872 – 0.91702 – 0.91482 – 0.91707 – 0.9152 —
0.91960 – 0.91946 —
48.016765585521 – 48.355293771044 —
– —
0.91997 – 1774652400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –