EUR/CHF – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.91948 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.9227 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.9227 – 0.92253 – 0.9218 – 0.91948 – 0.92095 – 0.92183 —
0.92154 – 0.92159 —
44.662694513389 – 45.264866078158 —
– —
0.9227 – 1781483400

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