USD/CHF – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.77117968 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.77657 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.77657 – 0.77679 – 0.7772 – 0.77189 – 0.771 – 0.76938 —
0.77393 – 0.77380 —
52.654411436943 – 45.770382577959 —
– —
0.77657 – 1771916400

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Double bottom retreat down – – – – – – – –