USD/CHF – 30M – SELL

The combination US Dollar/Swiss Franc (USD/CHF) goes from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.80747 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.81116 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Then a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.81116 – 0.81345 – 0.81304 – 0.80893 – 0.81019 – 0.81134 —
0.80860 – 0.80920 —
38.926789545557 – 54.485208920962 —
– —
0.81116 – 1782450000

Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low – – – – – – – – –