EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 0.9197 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.92245 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.

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

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Three Outside Down’ candlestick pattern is found. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. 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).

0.92245 – 0.92251 – 0.92295 – 0.9197 – 0.92026 – 0.92094 —
0.92223 – 0.92199 —
62.672171868527 – 58.164099924939 —
– —
0.92245 – 1782399600

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