USD/CHF – 4H – SELL

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

A continuation of the downtrend downwards to the next support at 0.78306 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.79247 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ” indicator layout is found. The indicator shows ”. which could be a negative chart scenario. The currency pair could go down.

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Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.

0.79247 – 0.78763 – 0.78454 – 0.78306 – 0.77749 – 0.779 —
0.79229 – 0.78301 —
71.490391975607 – 32.752445213656 —
– —
0.79247 – 1777492800

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