USD/CHF – 30M – SELL

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

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 0.78918616 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.79166 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Inside Down’ candlestick pattern is found. The candles show ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.79166 – 0.78946 – 0.78632 – 0.78652 – 0.78609 – 0.78466 —
0.78924 – 0.79171 —
47.721072486565 – 68.373721158614 —
– —
0.79166 – 1773442800

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Inside Down – – – – – – – – –