USD/CHF – 30M – SELL

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.783405 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.78742 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.78742 – 0.78763 – 0.78733 – 0.78316 – 0.78402 – 0.7828 —
0.78495 – 0.78647 —
38.576731506094 – 52.662366428697 —
– —
0.78742 – 1777048200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – – – – – – – – –