USD/CHF – 1H – SELL

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

A continuation of the downtrend down to the next support at 0.78901 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.79841 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

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

0.79841 – 0.80357 – 0.80405 – 0.78901 – 0.78782 – 0.79622 —
0.79404 – 0.79591 —
58.43150510877 – 61.009335299296 —
– —
0.79841 – 1768874400

Trading Signals: FOREX – USD – USD/CHF – CHF – Two Crows – Double top chart pattern – – – – – – – –