Sell EUR/CHF – 30M – 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 at 0.92018 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.92261 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.92281
2nd High 0.9227
Next High 0.92261
Current Price 0.91847
Next Low 0.92018
2nd Low 0.91993
3rd Low 0.91958

0.92261 – 0.92133 – 0.92184 – 0.92018 – 0.91993 – 0.91958 —
0.92015 – 0.91976 —
35.670332777528 – 29.091342549874 —
– —
0.92261 – 1781625600

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