USD/CHF – 30M – SELLBesides a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
Besides a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80762 |
| 2nd High | 0.80555 |
| Next High | 0.80113 |
| Current Price | 0.79535 |
| Next Low | 0.79263 |
| 2nd Low | 0.79214 |
| 3rd Low | 0.79003 |
0.80113 – 0.80555 – 0.80314 – 0.79558 – 0.80269 – 0.79974 — 36.228755934459 – 29.575049666394 — 57.279879188909 – 45.21089044105 – 44.796178268617 – 48.834485449943
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – Double top chart pattern – –