EUR/CHF – 4H – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards

A continuation of the downtrend down to the next support line at is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.92503 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Bearish Belt Hold’ candle chart pattern is discovered. The chart forms ‘Bearish Belt Hold’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.92503 – 0.92357 – 0.92628 – 0.91587 – 0.91941 – 0.91429 —
0.91728 – 0.91778 —
33.78843824398 – 38.965315336571 —
– —
0.92503 – 1777478400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold – – – – – – – – –