Sell EUR/CHF – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.91576 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.91676 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Three Line Strike – Bearish’ candlestick chart pattern is found. The candles show ‘Three Line Strike – Bearish’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 0.92375
2nd High 0.9178
Next High 0.91676
Current Price 0.91594
Next Low 0.91576
2nd Low 0.91547
3rd Low 0.91431

0.91676 – 0.91675 – 0.9178 – 0.91576 – 0.91596 – 0.91547 —
0.91584 – 0.91637 —
36.113109643236 – 54.802062828891 —
– —
0.91676 – 1777973400

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