USD/CHF – 30M – BUYAnd also a ‘Below The Stomach’ candle chart pattern is found. The candles form ‘Below The Stomach’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
And also a ‘Double top chart pattern’ chart pattern is discovered. The formation shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82804 |
| 2nd High | 0.82750 |
| Next High | 0.82651 |
| Current Price | 0.82206 |
| Next Low | 0.82120 |
| 2nd Low | 0.82054 |
| 3rd Low | 0.81966 |
0.82651 – 0.82537 – 0.82479 – 0.82214 – 0.82120 – 0.82141
Trading Signals: FOREX – USD – USD/CHF – CHF – Below The Stomach