USD/CHF – 1H – SELL

The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline down.

The bearish trend downwards to the next support level at is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.80175 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Moreover 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.80175 – 0.79592 – 0.79674 – 0.79556 – 0.79859 – 0.79679 —
0.80150 – 0.80140 —
57.388281162329 – 55.338973865411 —
– —
0.80175 – 1768179600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – Rising Wedge Chart Pattern – – – – – – – –