USD/CHF – 1H – SELL

The combination US Dollar/Swiss Franc (USD/CHF) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support at 0.7782 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.78374 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Tweezers Top’ candle pattern is detected. The candles show ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.78374 – 0.78348 – 0.78784 – 0.7782 – 0.77902 – 0.76707 —
0.78058 – 0.78218 —
47.991794247244 – 56.731275984572 —
– —
0.78374 – 1772744400

Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – – – – – – – – –