USD/CHF – 30M – BUY

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

An ascending movement upwards to the next resistance line at 0.77176 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.76786 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.76884 – 0.77176 – 0.77248 – 0.76786 – 0.76693 – 0.76699 —
0.77029 – 0.76983 —
71.388652104788 – 52.75637860496 —
– —
0.76884 – 1771210800

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – Symmetrical Triangle Chart Pattern – – – – – – – –