USD/CHF – 30M – SELL

And also a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair could go down.

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

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.80507912 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.80967 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.80967 – 0.80643 – 0.81143 – 0.80766 – 0.80335 – 0.80796 —
0.80912 – 0.80792 —
56.421958947091 – 37.864386675528 —
– —
0.80967 – 1784232000

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