USD/CHF – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 0.83040784 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.83408 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

0.83408 – 0.82717 – 0.82651 – 0.82689 – 0.81852 – 0.82096

Download USD/CHF Signal Image

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