USD/CHF – 30M – BUY

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

A bullish trend up to the next resistance at 0.78374 will persist.

Caution: A possible change in the direction of the support zone at 0.77849 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.78374 – 0.78186 – 0.78348 – 0.77849 – 0.7782 – 0.77902 —
0.78058 – 0.78039 —
47.314687814872 – 45.170632313971 —
– —
0.78374 – 1772746200

Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – – – – – – – – –