Sell USD/CHF – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The combination US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline down.

A bearish trend down to the next support at 0.77902 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.78348 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Then a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. this 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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.79142
2nd High 0.78784
Next High 0.78348
Current Price 0.77994
Next Low 0.77902
2nd Low 0.76707
3rd Low 0.76693

0.78348 – 0.78332 – 0.78784 – 0.77902 – 0.78085 – 0.76707 —
0.78133 – 0.78173 —
42.386038761057 – 49.12610117779 —
– —
0.78348 – 1772623800

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