USD/CHF – 30M – SELL

Moreover a ‘Double top chart pattern’ chart layout is found. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A continuation of the downward movement down to the next support at 0.80392 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.80528 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.802435 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.80528 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

0.80528 – 0.80497 – 0.80469 – 0.80392 – 0.79959 – 0.80236 —
0.80458 – 0.80411 —
47.58913265937 – 45.249927252646 —
– —
0.80528 – 1764676800

Trading Signals: FOREX – USD – USD/CHF – CHF – – Double top chart pattern – – – – – – – –