Buy USD/CHF – 4H – BUY

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

An ascent upwards to the next resistance line at 0.78374 is certain.

Caution: A possible change in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.80405
2nd High 0.78784
Next High 0.78374
Current Price 0.78203
Next Low
2nd Low
3rd Low

0.78374 – 0.78784 – 0.7772 – 0.77478 – 0.7782 – 0.76707 —
0.77662 – 0.78055 —
41.098283245598 – 56.12029054447 —
0.77478 – 1773158400 —
0.78374 – 1772740800

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