The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline downwards
A bearish movement down to the next support level at 0.79058 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.79841 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80357 |
| 2nd High | 0.80006 |
| Next High | 0.79841 |
| Current Price | 0.79092 |
| Next Low | 0.79058 |
| 2nd Low | 0.79044 |
| 3rd Low | 0.78815 |
0.79841 – 0.80006 – 0.80357 – 0.79622 – 0.79783 – 0.79794 —
0.79674 – 0.79552 —
32.60073247531 – 20.552034813078 —
– —
0.79841 – 1768876200
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –