USD/CHF – 4H – SELL

Next a ‘%K fall below 80’ indicator layout is detected. The indicator is ‘%K fall below 80’. which is often a bearish signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.79304868 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.8071 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Matching Low’ candlestick pattern is detected. The candles form ‘Matching Low’. 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 chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.8071 – 0.81016 – 0.8124 – 0.79959 – 0.78778 – 0.80317 —
0.80516 – 0.80181 —
49.15385972279 – 35.071889267867 —
– —
0.80710 – 1764331200

Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low – – – – – – – – –