USD/CHF – 1H – SELL

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

A continuation of the downtrend downwards to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.77248 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Three Line Strike – Bearish’ chart pattern is found. The candles show ‘Three Line Strike – Bearish’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

0.77248 – 0.773 – 0.7688 – 0.76665 – 0.76288 – 0.77419 —
0.76957 – 0.77039 —
50.946445198478 – 54.961282032526 —
– —
0.77248 – 1770883200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Line Strike – Bearish – – – – – – – – –