USD/CHF – 30M – BUY

There is also a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.79679 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.80175 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.80175 – 0.80173 – 0.80033 – 0.79721 – 0.79859 – 0.79817 —
0.79928 – 0.79704 —
42.777788288811 – 32.47653334181 —
– —
0.80175 – 1768181400

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