Sell EUR/CHF – 30M – SELL

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

A continuation of the downward movement down to the next support level at is certain.

Caution: A possible change in the direction of resistance at 0.91756 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Bearish Belt Hold’ candle pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92375
2nd High 0.9178
Next High 0.91756
Current Price 0.91572
Next Low
2nd Low
3rd Low

0.91756 – 0.91654 – 0.91676 – 0.91451 – 0.91489 – 0.91489 —
0.91654 – 0.91602 —
49.325319372842 – 47.994795898841 —
– —
0.91756 – 1778068800

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