USD/CHF – 1H – SELLAlso there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline downwards
A bearish trend down to the next support level at 0.79563 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.79945 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80762 |
| 2nd High | 0.80303 |
| Next High | 0.79945 |
| Current Price | 0.79496 |
| Next Low | 0.79563 |
| 2nd Low | 0.79462 |
| 3rd Low | 0.79151 |
0.79945 – 0.80303 – 0.80762 – 0.79563 – 0.79462 – 0.79151 — 39.523190137173 – 36.111481433044 — 29.935295728079 – 10.496677159846 – 57.268797689419 – 34.566867316446
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Symmetrical Triangle Chart Pattern – –