USD/CHF – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support line at is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.77837 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.77837 – 0.77869 – 0.78171 – 0.77419 – 0.77455 – 0.77383 —
0.77678 – 0.77825 —
44.274298465539 – 51.278953623786 —
– —
0.77837 – 1770332400

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –