Sell USD/CHF – 1H – SELL

Besides a ‘Double bottom retreat down’ chart pattern is detected. The chart picture shows ‘Double bottom retreat down’. which is a bearish pattern signal. The pair is likely to go down.

Besides a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

Besides a ‘Bearish Harami’ candle pattern is existing. The candles show ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.77248
2nd High 0.77176
Next High 0.77042
Current Price 0.76917
Next Low 0.76861
2nd Low 0.76693
3rd Low 0.76665

0.77042 – 0.77176 – 0.77248 – 0.76861 – 0.76693 – 0.76665 —
0.76984 – 0.76925 —
55.10079936523 – 47.113491997331 —
– —
0.77042 – 1771254000

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