USD/CHF – 1H – SELL

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

A bearish descent downwards to the next support at 0.77902 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.78784 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.78784 – 0.78134 – 0.77536 – 0.77902 – 0.76707 – 0.77051 —
0.78043 – 0.78173 —
43.564474741863 – 48.379190824678 —
0.77902 – 1772614800 —
0.78784 – 1772542800

Trading Signals: FOREX – USD – USD/CHF – CHF – Two Crows – – – – – – – – –