EUR/CHF – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.92563 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ” indicator layout is detected. The indicator is ”. this is usually a bearish signal. The currency pair is likely to fall.

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Besides a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.92198012 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.92563 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.92563 – 0.92592 – 0.92784 – 0.92207 – 0.92312 – 0.92023 —
0.92537 – 0.92517 —
55.89033467087 – 49.687465434534 —
– —
0.92563 – 1784228400

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