USD/CHF – 30M – SELL

The combination US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline downwards

A bearish trend downwards to the next support line at 0.80534 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.80915 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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%.

0.80915 – 0.80618 – 0.80495 – 0.80534 – 0.80353 – 0.80206 —
0.80795 – 0.80714 —
61.960945473869 – 49.005829414194 —
– —
0.80915 – 1781856000

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