Sell USD/CHF – 30M – SELL

The pair US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 0.78411 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.79 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Matching Low’ candlestick pattern is existing. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.79684
2nd High 0.79227
Next High 0.79
Current Price 0.78807
Next Low 0.78411
2nd Low 0.7801
3rd Low 0.77829

0.78572 – 0.79 – 0.78927 – 0.78411 – 0.78648 – 0.78652 —
0.78714 – 0.78812 —
60.083797627439 – 66.881339412296 —
– —
0.78572 – 1773808200

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