USD/CHF – 30M – BUY

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.77799236 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.78038 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish pattern 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.77929 – 0.78038 – 0.78197 – 0.77655 – 0.7774 – 0.77709 —
0.78066 – 0.78069 —
62.850737380345 – 61.085727093673 —
– —
0.77929 – 1778124600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – – – – – – – – –