USD/CHF – 1H – SELL

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

A continuation of the downtrend down to the next support line at 0.78782 will persist.

Caution: A possible change in the direction of the resistance zone at 0.79684 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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

Also there is a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. 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%.

0.79684 – 0.79841 – 0.80357 – 0.78867 – 0.78901 – 0.78782 —
0.79020 – 0.79036 —
39.767701314272 – 35.732095097534 —
– —
0.79684 – 1769029200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – – – – – – – – –