Sell USD/CHF – 4H – SELL

The combination US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline downwards

A descent down to the next support level at 0.89126 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.90214 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish SBS White Lines’ candlestick pattern is detected. The chart forms ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.90214
Current Price 0.89939
Next Low 0.89126
2nd Low 0.87354
3rd Low 0.87008

Download USD/CHF Signal Image

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