USD/CHF – 30M – SELL

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

A bearish trend downwards to the next support line at 0.80731 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.80917 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

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

0.80917 – 0.81015 – 0.80918 – 0.80731 – 0.80353 – 0.80484 —
0.80871 – 0.80924 —
56.184093531162 – 59.828561329947 —
– —
0.80917 – 1764010800

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom retreat down – – – – – – – –