EUR/CHF – 30M – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.91397136 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.91608 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.91608 – 0.91565 – 0.91572 – 0.91484 – 0.91332 – 0.91443 —
0.91582 – 0.91481 —
47.046990939827 – 38.964029936104 —
– —
0.91608 – 1778250600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –