USD/CHF – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.77982 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.78249 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

In addition a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish signal. The 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%.

0.78249 – 0.78312 – 0.78197 – 0.78062 – 0.77982 – 0.78035 —
0.78163 – 0.78135 —
47.865521605624 – 45.586709933806 —
– —
0.78249 – 1776297600

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