USD/CHF – 30M – SELL

There is also a ‘Double top retreat up’ chart pattern is found. The chart picture forms ‘Double top retreat up’. which is a positive signal. The currency pair is likely to rise.

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 at 0.81022 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.81420 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.81420 – 0.82075 – 0.82344 – 0.81022 – 0.81846 – 0.82122

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