Sell USD/CHF – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.7774 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.77929 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.78197
2nd High 0.78038
Next High 0.77929
Current Price 0.77767
Next Low 0.7774
2nd Low 0.77709
3rd Low 0.77649

0.77929 – 0.78038 – 0.78197 – 0.7774 – 0.77709 – 0.78079 —
0.77830 – 0.77804 —
44.60960534591 – 50.633277594551 —
– —
0.77929 – 1778124600

Trading Signals:

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