USD/CHF – 30M – SELL

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

A continuation of the downward movement down to the next support level at will continue.

Caution: A possible counter-trend in the direction of resistance at 0.77919 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘Bearish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.77919 – 0.77828 – 0.78073 – 0.77478 – 0.77655 – 0.77792 —
0.77874 – 0.77804 —
61.325418069568 – 46.465612461048 —
– —
0.77919 – 1773181800

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish Belt Hold – – – – – – – – –