USD/CHF – 4H – BUY

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 0.78784 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.78784 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive 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 White Soldiers’ heading up is 82%.

0.78374 – 0.78784 – 0.7772 – 0.77478 – 0.7782 – 0.76707 —
0.77872 – 0.78239 —
47.905240775235 – 59.995773883626 —
– —
0.78374 – 1772740800

Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –