USD/CHF – 1H – SELL

The pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline down.

A bearish trend downwards to the next support at 0.80353 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.80771 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.80771 – 0.79661 – 0.79938 – 0.80353 – 0.79852 – 0.79376 —
0.80607 – 0.80900 —
53.795190029702 – 65.222146230271 —
– —
0.80771 – 1763650800

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