USD/CHF – 1H – SELL

Besides a ‘Double bottom retreat down’ chart layout is discovered. The chart shows ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline down.

A bearish movement down to the next support at 0.79009 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.7942 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Besides a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.

0.79408 – 0.7942 – 0.79157 – 0.79009 – 0.7908 – 0.78759 —
0.79460 – 0.79674 —
56.572789324547 – 60.799782135353 —
– —
0.79408 – 1767355200

Trading Signals: FOREX – USD – USD/CHF – CHF – – Double bottom retreat down – – – – – – – –