USD/CHF – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.804335 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.81015 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Tweezers Top’ chart pattern is discovered. The chart forms ‘Tweezers Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.81015 – 0.80918 – 0.80771 – 0.80731 – 0.80353 – 0.80484 —
0.80806 – 0.80749 —
43.174799236577 – 46.930387398832 —
– —
0.81015 – 1763978400

Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – – – – – – – – –