USD/CHF – 30M – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.77504 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.77869 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.77869 – 0.77755 – 0.7772 – 0.77492 – 0.77455 – 0.77383 —
0.77778 – 0.77761 —
45.317642403028 – 48.338307654442 —
– —
0.77869 – 1770278400

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