Sell USD/CHF – 1H – SELL

Then a indicator signal is existing. The indicator shows ”. this is usually a bearish signal. The pair is likely to go down.

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Then a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.80017282 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.80175 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Tweezers Top’ candlestick pattern is detected. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.80853
2nd High 0.80821
Next High 0.80175
Current Price 0.80129
Next Low 0.79556
2nd Low 0.79438
3rd Low 0.79044

0.80175 – 0.79592 – 0.79674 – 0.79556 – 0.79859 – 0.79679 —
0.80123 – 0.80145 —
69.629564194277 – 68.647225671161 —
– —
0.80175 – 1768179600

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