USD/CHF – 1H – SELL

The pair US Dollar/Swiss Franc (USD/CHF) goes from the descending trendline downwards

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible change in the direction of the resistance line at 0.81467 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.81467 – 0.81337 – 0.81481 – 0.80886 – 0.81066 – 0.80555

Trading Signals: FOREX – USD – USD/CHF – CHF – Two Crows