EUR/CHF – 1H – SELL

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

A continuation of the downtrend down to the next support at 0.91576 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.9178 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

0.9178 – 0.91775 – 0.92503 – 0.91576 – 0.91431 – 0.91555 —
0.91639 – 0.91642 —
46.962401472311 – 46.558878625252 —
– —
0.9178 – 1777899600

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