USD/CHF – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.79959 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.80528 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.80528 – 0.80469 – 0.80621 – 0.79959 – 0.80405 – 0.80262 —
0.80528 – 0.80484 —
58.451082604093 – 47.445640735635 —
0.80528 – 1764676800 —
– 1764676800

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double top retreat up – – – – – – – –