EUR/CHF – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A continuation of the downtrend downwards to the next support level at 0.91447 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.91572 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Bearish Engulfing’ candle pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.91572 – 0.9156 – 0.91756 – 0.91447 – 0.91364 – 0.91451 —
0.91519 – 0.91527 —
41.468188325865 – 53.39902169867 —
– —
0.91572 – 1778166000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Engulfing – Symmetrical Triangle Chart Pattern – – – – – – – –