USD/CHF – 1H – SELL

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

A descent down to the next support line at 0.76938 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.77625 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘Tweezers Top’ candlestick chart pattern is existing. The candles show ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.77625 – 0.77397 – 0.77042 – 0.76938 – 0.76932 – 0.76861 —
0.77610 – 0.77703 —
60.434281851122 – 60.448686878654 —
– —
0.77625 – 1771516800

Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – Rising Wedge Chart Pattern – – – – – – – –