USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.

An ascending movement up to the next resistance line at 0.80621 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.80262 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

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

0.80621 – 0.80833 – 0.80813 – 0.80436 – 0.80405 – 0.8046 —
0.80358 – 0.80337 —
41.850643820685 – 33.944718370748 —
– —
0.80621 – 1764248400

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –