USD/CHF – 1H – SELL

The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 0.77305 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.77934 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.77934 – 0.79142 – 0.79684 – 0.77305 – 0.77413 – 0.78867 —
0.77760 – 0.77136 —
48.152849108922 – 25.495097553629 —
– —
0.77934 – 1769439600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – – – – – – – – –