EUR/CHF – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.92143 is considered certain.

Caution: A possible change in the direction of resistance at 0.92315 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.92315 – 0.92148 – 0.92137 – 0.92143 – 0.91969 – 0.92035 —
0.92319 – 0.92321 —
69.670755447755 – 61.044283775049 —
– —
0.92315 – 1776297600

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