USD/CHF – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible change in the direction of the resistance zone at 0.77042 could happen.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Then a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.77042 – 0.77176 – 0.77248 – 0.76693 – 0.76665 – 0.76288 —
0.76957 – 0.76983 —
50.633189970969 – 54.305487340051 —
– —
0.77042 – 1771254000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Double bottom retreat down – – – – – – – –