USD/CHF – 1H – SELL

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.772625 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.78171 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative 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 Black Crows’ going down is 82%.

0.78171 – 0.76999 – 0.77057 – 0.77455 – 0.77383 – 0.76625 —
0.77809 – 0.77859 —
62.608799037733 – 54.454106164343 —
– —
0.78171 – 1770051600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –