USD/CHF – 1H – SELL

The combination US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at is expected.

Caution: A possible change in the direction of the resistance zone at 0.80393 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘%K fall below 80’ indicator signal is detected. The indicator is ‘%K fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘MACD Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘MACD Hidden Bearish Divergence’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.80393 – 0.80528 – 0.80469 – 0.79951 – 0.79914 – 0.79959 —
0.80393 – 0.80364 —
71.919513341926 – 64.140198297616 —
0.80393 – 1764885600 —
– 1764885600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – Double bottom chart pattern – – – – – – – –