USD/CHF – 30M – BUY

Moreover a ‘StochRSI Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochRSI Bearish Divergence’. chart signal.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.79034424 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.79684 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Southern Doji’ candle pattern is found. The candles show ‘Southern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.78572 – 0.79 – 0.78927 – 0.78411 – 0.78648 – 0.78652 —
0.79032 – 0.79358 —
71.108516252827 – 79.759736343237 —
– —
0.78572 – 1773808200

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