EUR/CHF – 4H – SELL

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

A bearish descent downwards to the next support line at 0.91429 is certain.

Caution: A possible change in the direction of the resistance zone at 0.92171 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.91685 – 0.90498 – 0.91506 – 0.91429 – 0.8988 – 0.9006 —
0.91825 – 0.91978 —
66.934745445116 – 61.135844686795 —
– —
0.91685 – 1774425600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –