USD/CHF – 30M – SELL

The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.79959 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.80497 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.

Next a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. 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).

0.80497 – 0.80469 – 0.80412 – 0.79959 – 0.80236 – 0.80436 —
0.80463 – 0.80466 —
57.202795658366 – 56.17640872758 —
– —
0.80497 – 1764644400

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –