USD/CHF – 1H – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance zone at 0.78474 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Southern Doji’ candlestick pattern is found. The candles show ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.78474 – 0.78183 – 0.78301 – 0.77788 – 0.78828 – 0.78306 —
0.78407 – 0.78453 —
57.385283252497 – 56.20505854252 —
– —
0.78474 – 1777921200

Trading Signals: FOREX – USD – USD/CHF – CHF – Southern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –