USD/CHF – 30M – BUY

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

A bullish movement upwards to the next resistance line at 0.77919 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.77478 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

There is also a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. this is a bullish pattern 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’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.77919 – 0.77828 – 0.78073 – 0.77478 – 0.77655 – 0.77792 —
0.77813 – 0.77850 —
54.513766764577 – 56.193025834918 —
– —
0.77919 – 1773181800

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