Sell EUR/CHF – 4H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.91431 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.91756 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92503
2nd High 0.9178
Next High 0.91756
Current Price 0.91459
Next Low 0.91431
2nd Low 0.91429
3rd Low 0.8988

0.91756 – 0.9178 – 0.92503 – 0.91431 – 0.91587 – 0.91941 —
0.91560 – 0.91608 —
39.437847711474 – 44.121481038705 —
– —
0.91756 – 1778068800

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