USD/CHF – 30M – SELL

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

The bearish trend downwards to the next support level at 0.79376 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.80004 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.80004 – 0.79751 – 0.79661 – 0.79376 – 0.79513 – 0.78778 —
0.79956 – 0.80040 —
66.040171305261 – 66.872611333803 —
– —
0.80004 – 1763492400

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom retreat down – – – –