USD/CHF – 30M – SELL

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative 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 persist. Target of the current trend is 0.77770988 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.78089 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ candle pattern is existing. The candles form ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.78089 – 0.77929 – 0.78038 – 0.77655 – 0.7774 – 0.77709 —
0.78062 – 0.77949 —
60.636590226334 – 46.716287688332 —
– —
0.78089 – 1778218200

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