Sell USD/CHF – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish descent downwards to the next support level at 0.78316 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.78733 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.79339
2nd High 0.79116
Next High 0.78733
Current Price 0.78628
Next Low 0.78316
2nd Low 0.7828
3rd Low 0.77918

0.78733 – 0.78585 – 0.78257 – 0.78316 – 0.78402 – 0.7828 —
0.78729 – 0.78763 —
61.899054721177 – 63.774076363787 —
– —
0.78733 – 1776976200

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