USD/CHF – 30M – SELL

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 0.77984 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.78399 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.78399 – 0.78454 – 0.78433 – 0.78273 – 0.78258 – 0.77984 —
0.78236 – 0.77968 —
39.78384192993 – 23.634200829436 —
– —
0.78399 – 1776418200

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