USD/CHF – 1H – BUY

The combination US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.

A bullish movement up to the next resistance at 0.80984 is likely expected.

Caution: A possible change in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.80984 – 0.80771 – 0.79661 – 0.80353 – 0.79852 – 0.79376 —
0.80874 – 0.80721 —
60.126889531968 – 41.696145478982 —
– —
0.80984 – 1763748000

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom retreat down – – – – – – – –