Sell USD/CHF – 30M – SELL

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.780705 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.78349 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Harami’ candle chart pattern is existing. The chart forms ‘Bearish Harami’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.78399
2nd High 0.78392
Next High 0.78349
Current Price 0.78083
Next Low 0.77756
2nd Low 0.77749
3rd Low 0.77649

0.78069 – 0.77925 – 0.78349 – 0.77756 – 0.77749 – 0.78273 —
0.78013 – 0.78096 —
51.580040219763 – 61.864778078062 —
– —
0.78069 – 1776769200

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