USD/CHF – 1H – SELL

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

The bearish trend down to the next support level at 0.80353 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.80984 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

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

0.80984 – 0.80771 – 0.79661 – 0.80353 – 0.79852 – 0.79376 —
0.80721 – 0.80917 —
41.696145291187 – 56.423307607727 —
– —
0.80984 – 1763748000

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