There is also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline down.
A descent downwards to the next support line at 0.78198 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.78474 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochOSC Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘StochOSC Hidden Bearish Divergence’. In der Regel bedeutet das ein positives chart signal. Das Paar wird voraussichtlich nach oben gehen.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.78327196 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.78474 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79247 |
| 2nd High | 0.79229 |
| Next High | 0.78474 |
| Current Price | 0.78427 |
| Next Low | 0.78198 |
| 2nd Low | 0.77994 |
| 3rd Low | 0.7783 |
0.78474 – 0.78468 – 0.78183 – 0.78198 – 0.77994 – 0.7783 —
0.78455 – 0.78472 —
61.868141141708 – 61.481247548032 —
– —
0.78474 – 1777923000
Trading Signals: FOREX – USD – USD/CHF – CHF – – Rising Wedge Chart Pattern – – – – – – – –