USD/CHF – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A bearish descent downwards to the next support level at 0.79622 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.80357 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ” indicator layout is found. The indicator is ”. which is often a bearish chart scenario. The pair is likely to go down.

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Moreover a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.80357 – 0.80405 – 0.80274 – 0.79622 – 0.79832 – 0.79556 —
0.79747 – 0.79674 —
33.219221372821 – 28.818367607159 —
– —
0.80357 – 1768597200

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –