EUR/CHF – 4H – SELL

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.9244896 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.93072 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.9237 – 0.92349 – 0.92659 – 0.92017 – 0.91769 – 0.9197 —
0.92335 – 0.92746 —
60.767535672608 – 74.079228732744 —
– —
0.9237 – 1783526400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –