USD/CHF – 1H – BUY

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

A bullish trend upwards to the next resistance level at 0.80528 will continue.

Caution: A possible change in the direction of the support level at 0.79951 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.80528 – 0.80469 – 0.80621 – 0.79951 – 0.79914 – 0.79959 —
0.80075 – 0.80391 —
50.01868834864 – 68.065548576669 —
– —
0.80528 – 1764676800

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