EUR/CHF – 30M – SELL

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

A bearish descent down to the next support level at 0.91602 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.91999 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Next a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. 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).

0.91999 – 0.91997 – 0.91872 – 0.91602 – 0.91482 – 0.91707 —
0.91649 – 0.91667 —
28.59285868167 – 36.883484161736 —
– —
0.91999 – 1774864800

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