USD/CHF – 30M – BUY

There is also a ‘%K cross above 20’ indicator layout is found. The indicator shows ‘%K cross above 20’. which could be a positive chart signal. The currency pair is likely to rise.

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 0.801535 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.80393 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.

0.80393 – 0.80145 – 0.80118 – 0.80196 – 0.79951 – 0.79914 —
0.80332 – 0.80308 —
60.168214425749 – 50.573895789934 —
– —
0.80393 – 1764887400

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