USD/CHF – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.76665 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.77248 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Shooting Star’ candle pattern is existing. The candles form ‘Shooting Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.77248 – 0.77181 – 0.773 – 0.76665 – 0.76997 – 0.76479 —
0.76824 – 0.77016 —
40.432199787469 – 52.995051446689 —
– —
0.77248 – 1770885000

Trading Signals: FOREX – USD – USD/CHF – CHF – Shooting Star – – – – – – – – –