USD/CHF – 4H – SELL

Also there is a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.78544 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.79247 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Below The Stomach’ chart pattern is found. The candles form ‘Below The Stomach’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).

0.79247 – 0.78763 – 0.78454 – 0.77788 – 0.78306 – 0.77749 —
0.78474 – 0.78316 —
51.995283062671 – 45.700124901479 —
– —
0.79247 – 1777492800

Trading Signals: FOREX – USD – USD/CHF – CHF – Below The Stomach – – – – – – – – –