USD/CHF – 1H – SELL

The currency pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline downwards

A bearish movement downwards to the next support at 0.79376 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.80113 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.79661 – 0.79938 – 0.80113 – 0.79376 – 0.79315 – 0.78778 —
0.80026 – 0.80000 —
66.107205839838 – 56.548136734967 —
– —
0.79661 – 1763431200

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom chart pattern – – – –