USD/CHF – 30M – BUY

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

The bullish trend upwards to the next resistance level at 0.77934 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.77305 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.77934 – 0.77926 – 0.79142 – 0.77305 – 0.77526 – 0.77413 —
0.77726 – 0.77784 —
50.889865521344 – 53.61778567731 —
– —
0.77934 – 1769439600

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – – – – – – – – –