USD/CHF – 30M – SELL

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

A bearish descent downwards to the next support at 0.80262 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.80833 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The currency 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).

0.80833 – 0.80813 – 0.81016 – 0.80262 – 0.80415 – 0.80575 —
0.80560 – 0.80598 —
68.456499932718 – 65.703157267299 —
– —
0.80833 – 1764171000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – Symmetrical Triangle Chart Pattern – – – – – – – –