Sell EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline down.

A bearish descent down to the next support line at 0.92234 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.92316 should be noted.
Consider stop-loss settings accordingly.

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

And also a ‘Tweezers Top’ candle chart pattern is discovered. The candles form ‘Tweezers Top’. 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 ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92628
2nd High 0.92357
Next High 0.92316
Current Price 0.92288
Next Low 0.92234
2nd Low 0.92169
3rd Low 0.92143

0.92316 – 0.92357 – 0.92351 – 0.92234 – 0.92169 – 0.92143 —
0.92308 – 0.92297 —
51.735431324697 – 54.216400997361 —
– —
0.92316 – 1776418200

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