USD/CHF – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline downwards

The bearish trend down to the next support line at will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.81481 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ going down is 82%.

0.81481 – 0.81420 – 0.82075 – 0.81066 – 0.80555 – 0.81022

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