USD/CHF – 30M – BUY

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

A continuation of the uptrend up to the next resistance level at 0.79358 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.7909 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.79358 – 0.78572 – 0.79 – 0.7909 – 0.78411 – 0.78648 —
0.79277 – 0.79471 —
55.110624151918 – 72.602426696453 —
– —
0.79358 – 1773874800

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