Sell EUR/CHF – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.91787 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.91965 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘MACD Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘MACD Hidden Bearish Divergence’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Outside Down’ candlestick pattern is detected. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92349
2nd High 0.92106
Next High 0.91965
Current Price 0.91883
Next Low 0.91787
2nd Low 0.91769
3rd Low 0.91763

0.91965 – 0.91903 – 0.92106 – 0.91787 – 0.91769 – 0.91805 —
0.91965 – 0.91920 —
68.986461275543 – 54.029771901686 —
0.91965 – 1783087200 —
– 1783087200

Trading Signals:

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