USD/CHF – 30M – SELL

Additionally a ‘Double bottom chart pattern’ chart layout is existing. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.

The pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline downwards

The bearish trend downwards to the next support line at 0.76996 is certain.

Caution: A possible change in the direction of resistance at 0.77397 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. 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 is certain. Current target is 0.77129 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.77397 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

0.77213 – 0.77397 – 0.77011 – 0.76996 – 0.76932 – 0.76874 —
0.77292 – 0.77302 —
65.626066150208 – 61.69408284905 —
– —
0.77213 – 1771410600

Trading Signals: FOREX – USD – USD/CHF – CHF – – Double bottom chart pattern – – – – – – – –