USD/CHF – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.79622 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.80006 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency 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%.

0.80006 – 0.80357 – 0.80392 – 0.79622 – 0.79783 – 0.79794 —
0.79745 – 0.79775 —
42.184643474411 – 49.015291623199 —
– —
0.80006 – 1768820400

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