USD/CHF – 4H – SELL

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

A continuation of the downward movement down to the next support line at 0.78778 is expected.

Caution: A possible change in the direction of the resistance zone at 0.80853 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

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

0.80853 – 0.80528 – 0.8071 – 0.79914 – 0.79959 – 0.78778 —
0.80821 – 0.80301 —
61.562159692148 – 31.117815373783 —
– —
0.80853 – 1765209600

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