USD/CHF – 30M – SELL

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

A descent down to the next support at 0.80196 is certain.

Caution: A possible change in the direction of the resistance zone at 0.80393 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.

And also a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.80393 – 0.80145 – 0.80118 – 0.80196 – 0.79951 – 0.79914 —
0.80381 – 0.80364 —
64.892589215121 – 61.839352988908 —
– —
0.80393 – 1764887400

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Double top retreat up – – – – – – – –