USD/CHF – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.77934 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Southern Doji’ candlestick pattern is existing. The chart shows ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.77934 – 0.79142 – 0.79684 – 0.77305 – 0.77413 – 0.78867 —
0.77794 – 0.77538 —
49.089466990753 – 34.639023145862 —
– —
0.77934 – 1769439600

Trading Signals: FOREX – USD – USD/CHF – CHF – Southern Doji – – – – – – – – –