USD/CHF – 1H – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.78171 is considered certain.

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

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

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

0.78171 – 0.76999 – 0.77057 – 0.77455 – 0.77383 – 0.76625 —
0.77665 – 0.77755 —
52.173386159193 – 54.81003348381 —
– —
0.78171 – 1770051600

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