USD/CHF – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.79673 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.80006 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.80006 – 0.80357 – 0.80392 – 0.79783 – 0.79794 – 0.80058 —
0.79907 – 0.79798 —
45.009437306259 – 38.514607630706 —
– —
0.80006 – 1768820400

Trading Signals: FOREX – USD – USD/CHF – CHF – Two Crows – – – – – – – – –