USD/CHF – 4H – SELL

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

A continuation of the downtrend down to the next support level at 0.78551 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.7942 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.7942 – 0.79873 – 0.79733 – 0.78551 – 0.79255 – 0.79258 —
0.79400 – 0.79674 —
59.839438121875 – 62.242221033947 —
– —
0.79420 – 1767168000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – – – – – – – – –