EUR/CHF – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.92036 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.92628 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Bearish Engulfing’ chart pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

0.92628 – 0.92602 – 0.92494 – 0.92036 – 0.92164 – 0.9217 —
0.92158 – 0.92155 —
39.590808215824 – 42.609699520406 —
– —
0.92628 – 1776051000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Engulfing – – – – – – – – –