Buy USD/CHF – 4H – BUY

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Last Engulfing Top’ chart pattern is discovered. The candles form ‘Last Engulfing Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High 0.81016
2nd High 0.80853
Next High 0.80405
Current Price 0.79496
Next Low 0.78782
2nd Low 0.78551
3rd Low

0.80405 – 0.80175 – 0.79674 – 0.78782 – 0.79556 – 0.79009 —
0.79202 – 0.79684 —
19.686334234135 – 50.455990802859 —
– —
0.80405 – 1768492800

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