USD/CHF – 30M – SELL

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

A descending movement down to the next support line at 0.79859 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.80173 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.80173 – 0.80033 – 0.80009 – 0.79859 – 0.79817 – 0.79679 —
0.80136 – 0.80134 —
65.476206133996 – 55.192259732675 —
– —
0.80173 – 1767978000

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –