USD/CHF – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.78253 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.77649 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.78374 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.78253 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.77919 – 0.78253 – 0.78272 – 0.77649 – 0.77478 – 0.77595 —
0.78011 – 0.78142 —
60.516382169863 – 61.440562060101 —
– —
0.77919 – 1773180000

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