USD/CHF – 4H – SELLThe pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline downwards
A bearish trend down to the next support at 0.90081 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.91370 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles form ‘Bearish SBS White Lines’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.91370 |
| Current Price | 0.91255 |
| Next Low | 0.90081 |
| 2nd Low | 0.89126 |
| 3rd Low | 0.87354 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines