USD/CHF – 30M – SELL

The pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline down.

A bearish movement downwards to the next support line at 0.78778 is considered certain.

Caution: A possible change in the direction of resistance at 0.79938 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.79619 – 0.79552 – 0.79479 – 0.78778 – 0.79426 – 0.7966 —
0.79560 – 0.79654 —
58.818274828871 – 64.378959116643 —
– —
0.79619 – 1763397000

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – –