USD/CHF – 30M – BUYThe combination goes from the descending trendline upwards
A bullish trend up to the next resistance line at 0.86983 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.86231 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86996 |
| Next High | 0.86983 |
| Current Price | 0.86374 |
| Next Low | 0.86231 |
| 2nd Low | 0.86139 |
| 3rd Low | 0.86120 |