USD/CHF – 30M – SELL

And also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.78397 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.79229 could occur.
Consider stop-loss settings accordingly.

And also a ‘Matching Low’ chart pattern is found. The candles form ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.79229 – 0.79247 – 0.79109 – 0.7895 – 0.78828 – 0.78866 —
0.78670 – 0.78429 —
17.700209193823 – 14.75579495794 —
– —
0.79229 – 1777534200

Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low – – – – – – – – –