USD/CHF – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.78585 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.77918 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.78585 – 0.78257 – 0.78392 – 0.77918 – 0.77826 – 0.77751 —
0.78569 – 0.78603 —
53.616103705756 – 59.934651021202 —
– —
0.78585 – 1776913200

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