USD/CHF – 30M – SELL

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

A continuation of the downtrend down to the next support line at 0.7774 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.77929 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

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

0.77929 – 0.78038 – 0.78197 – 0.7774 – 0.77709 – 0.78079 —
0.77878 – 0.77917 —
46.133141670931 – 53.60037652999 —
– —
0.77929 – 1778124600

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