USD/CHF – 30M – SELL

The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at 0.77478 will persist.

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

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.77919 – 0.77828 – 0.78073 – 0.77478 – 0.77655 – 0.77792 —
0.77858 – 0.77850 —
61.628878712437 – 58.401664770374 —
– —
0.77919 – 1773181800

Trading Signals: FOREX – USD – USD/CHF – CHF – Two Crows – – – – – – – – –