USD/CHF – 30M – SELL

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.779834 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.7848 could happen.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.7848 – 0.78474 – 0.78468 – 0.78128 – 0.78198 – 0.77994 —
0.78314 – 0.78191 —
50.365403380092 – 38.474739914671 —
– —
0.7848 – 1777968000

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