Sell EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.

A continuation of the downward movement down to the next support line at 0.91769 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.91903 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘MACD Hidden Bearish Divergence’ indicator layout is found. The indicator is ‘MACD Hidden Bearish Divergence’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.92349
2nd High 0.92106
Next High 0.91903
Current Price 0.91839
Next Low 0.91769
2nd Low 0.91763
3rd Low 0.91429

0.91903 – 0.92106 – 0.92106 – 0.91769 – 0.91805 – 0.91986 —
0.91903 – 0.91852 —
48.221274590442 – 42.666228352486 —
0.91903 – 1783049400 —
– 1783049400

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