USD/CHF – 4H – SELL

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

A bearish descent down to the next support line at 0.77951 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.80126 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ heading down is 82%.

0.80126 – 0.79268 – 0.7899 – 0.77951 – 0.78076 – 0.78381 —
0.79602 – 0.79476 —
47.494373579003 – 40.768626954614 —
– —
0.80126 – 1781208000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – – – – – – – – –