USD/CHF – 1H – SELL

There is also a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.80266272 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.80726 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.79661 – 0.79938 – 0.80113 – 0.79852 – 0.79376 – 0.79315 —
0.80705 – 0.80764 —
72.40704519478 – 69.986267482297 —
– —
0.79661 – 1763431200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – – – – –