USD/CHF – 30M – BUY

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

An ascending movement up to the next resistance level at 0.80009 will persist.

Caution: A possible change in the direction of the support level at 0.79711 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.80009 – 0.79876 – 0.80179 – 0.79711 – 0.79609 – 0.7967 —
0.80009 – 0.79924 —
65.548364582143 – 49.273617970475 —
0.80009 – 1775538000 —
– 1775538000

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