Sell EUR/CHF – 1H – SELL

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.91954 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.91918 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish SBS White Lines’ chart pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92321
2nd High 0.92053
Next High 0.91918
Current Price 0.91814
Next Low 0.917
2nd Low 0.91587
3rd Low 0.91516

0.91918 – 0.9181 – 0.92053 – 0.917 – 0.91587 – 0.91625 —
0.91854 – 0.91839 —
50.586946371747 – 45.540427325868 —
– —
0.91918 – 1776931200

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