EUR/CHF – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.92233 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.92653 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.92653 – 0.9231 – 0.92266 – 0.92034 – 0.9199 – 0.92056 —
0.92653 – 0.92567 —
71.910743592653 – 64.495674634548 —
0.92653 – 1775584800 —
– 1775584800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two Crows – – – – – – – – –