USD/CHF – 1H – SELL

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 0.8058756 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.81143 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.81143 – 0.81512 – 0.81083 – 0.80335 – 0.80603 – 0.80744 —
0.80746 – 0.80908 —
48.060084684376 – 58.741680538269 —
– —
0.81143 – 1784127600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – – – – – – – – –