USD/CHF – 30M – SELL

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

A descending movement downwards to the next support line at 0.7951 is expected.

Caution: A possible change in the direction of the resistance zone at 0.80357 is also possible.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Tweezers Top’ candle pattern is existing. The candles show ‘Tweezers Top’. 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 likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.80004 – 0.79798 – 0.79588 – 0.7951 – 0.79523 – 0.7913 —
0.79882 – 0.80014 —
54.564097101328 – 63.064428905503 —
– —
0.80004 – 1774837800

Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – – – – – – – – –