USD/CHF – 1H – BUYNext a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Next a ‘Three Inside Down’ candlestick chart pattern is found. The chart forms ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83346 |
| 2nd High | 0.83183 |
| Next High | 0.82639 |
| Current Price | 0.82353 |
| Next Low | 0.82167 |
| 2nd Low | 0.81966 |
| 3rd Low | 0.80392 |
0.82639 – 0.83183 – 0.83346 – 0.82167 – 0.81966 – 0.82663
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Inside Down