USD/CHF – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 0.78733 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.78316 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Three Outside Up’ candle chart pattern is existing. The chart shows ‘Three Outside Up’. 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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.78733 – 0.78585 – 0.78257 – 0.78316 – 0.78402 – 0.7828 —
0.78671 – 0.78687 —
60.41167095251 – 58.483371936121 —
– —
0.78733 – 1776976200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – Rising Wedge Chart Pattern – – – – – – – –