USD/CHF – 30M – SELL

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

A descent down to the next support at 0.79673 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.80646 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Besides a ‘Southern Doji’ candle pattern is existing. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.80172 – 0.80156 – 0.79799 – 0.79673 – 0.79556 – 0.79721 —
0.80150 – 0.80268 —
54.775155242648 – 60.597580510607 —
– —
0.80172 – 1768363200

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