USD/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.88539 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.88539 could occur.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88885 |
| 2nd High | 0.88794 |
| Next High | 0.88539 |
| Current Price | 0.88373 |
| Next Low | 0.88162 |
| 2nd Low | 0.87706 |
| 3rd Low | 0.87584 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers