Sell USD/CHF – 30M – SELL

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

A bearish descent downwards to the next support at 0.80276 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.80853 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.8124
2nd High 0.81016
Next High 0.80853
Current Price 0.80544
Next Low 0.80276
2nd Low 0.80185
3rd Low 0.79951

0.80853 – 0.80497 – 0.80393 – 0.80276 – 0.80298 – 0.80185 —
0.80686 – 0.80660 —
54.888363393883 – 51.975068735676 —
– —
0.80853 – 1765215000

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