EUR/CHF – 30M – SELL

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

A descent downwards to the next support level at 0.92127 will continue.

Caution: A possible change in the direction of the resistance level at 0.92628 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.92321 – 0.92031 – 0.92261 – 0.92127 – 0.91968 – 0.91763 —
0.92587 – 0.92618 —
74.707912394648 – 71.650830669929 —
– —
0.92321 – 1781820000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – – – – – – – – –