USD/CHF – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.77649 is certain.

Caution: A possible change in the direction of resistance at 0.77929 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Tweezers Top’ chart pattern is existing. The candles show ‘Tweezers Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.77929 – 0.78038 – 0.78197 – 0.7774 – 0.77709 – 0.78079 —
0.77771 – 0.77747 —
34.344112576329 – 38.217419873272 —
– —
0.77929 – 1778124600

Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – Rising Wedge Chart Pattern – – – – – – – –