USD/CHF – 30M – SELL

Moreover a ‘Head and Shoulder chart pattern’ chart formation is found. The chart shows ‘Head and Shoulder chart pattern’. this is a bearish signal. The pair is likely to go down.

Moreover a ‘Bearish Engulfing’ chart pattern is detected. The candles form ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.77011 – 0.77042 – 0.76884 – 0.76861 – 0.76786 – 0.76693 —
0.76962 – 0.76978 —
43.72769918674 – 46.136655255136 —
– —
0.77011 – 1771297200

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish Engulfing – Head and Shoulder chart pattern – – – – – – – –