Buy USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 0.80614 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.79852 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a indicator layout is discovered. The indicator shows ”. which is often a bullish chart scenario. The currency pair is likely to rise.

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In addition a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.80693
2nd High 0.80671
Next High 0.80614
Current Price 0.80589
Next Low 0.79852
2nd Low 0.79376
3rd Low 0.78778

0.80096 – 0.80004 – 0.79751 – 0.79852 – 0.79376 – 0.79513 —
0.80377 – 0.80526 —
71.030316998003 – 66.929917229088 —
– —
0.80096 – 1763524800

Trading Signals:

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