USD/CHF – 1H – SELL

Then a ‘Double bottom retreat down’ chart pattern is detected. The chart picture shows ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to fall.

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

A descending movement down to the next support line at 0.80603 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.80984 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ” indicator layout is detected. The indicator shows ”. which could be a negative chart scenario. The currency pair is likely to fall.

Then a ‘Tweezers Top’ candlestick pattern is detected. The candles form ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.80984 – 0.80771 – 0.79661 – 0.80603 – 0.80353 – 0.79852 —
0.80888 – 0.81016 —
57.852219568371 – 63.632217796556 —
– —
0.80984 – 1763748000

Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – Double bottom retreat down – – – – – – – –