USD/CHF – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 0.80853 will continue.

Caution: A possible trend reversal in the direction of the support zone at 0.80276 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.80853 – 0.80497 – 0.80393 – 0.80276 – 0.80298 – 0.80185 —
0.80683 – 0.80618 —
55.587228294643 – 45.261392490822 —
– —
0.80853 – 1765215000

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