USD/CHF – 30M – BUY

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

The bullish trend upwards to the next resistance level at 0.77057 will continue.

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

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

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Besides a ‘Three Outside Up’ candle pattern is existing. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.77057 – 0.77272 – 0.76937 – 0.76354 – 0.76483 – 0.76465 —
0.76853 – 0.76862 —
59.31979780588 – 59.669467411051 —
– —
0.77057 – 1769706000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –