EUR/CHF – 1H – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support level at is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.91572 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘Bearish Engulfing’ candle pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

0.91572 – 0.91756 – 0.91676 – 0.91332 – 0.91364 – 0.91451 —
0.91513 – 0.91557 —
39.910115679665 – 49.075917070634 —
0.91332 – 1778198400 —
0.91572 – 1778166000

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