USD/CHF – 30M – SELL

The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 0.78128 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.7848 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.7848 – 0.78474 – 0.78468 – 0.78128 – 0.78198 – 0.77994 —
0.78291 – 0.78329 —
45.689726551386 – 53.452357392495 —
– —
0.7848 – 1777968000

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