Sell USD/CHF – 30M – SELL

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

A descending movement downwards to the next support line at will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.80621 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 0.81016
2nd High 0.80833
Next High 0.80621
Current Price 0.80512
Next Low
2nd Low
3rd Low

0.80621 – 0.80833 – 0.80813 – 0.80262 – 0.80415 – 0.80575 —
0.80568 – 0.80515 —
58.66926018022 – 47.652918798469 —
– —
0.80621 – 1764248400

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