USD/CHF – 1H – SELL

The combination US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline downwards

The bearish trend downwards to the next support level at 0.7951 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.80125 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.80125 – 0.79588 – 0.79241 – 0.7951 – 0.78697 – 0.78342 —
0.80031 – 0.80007 —
64.118223137983 – 57.454752003552 —
– —
0.80125 – 1774890000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – – – – – – – – –