USD/CHF – 30M – BUY

The currency 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 0.78987 will continue.

Caution: A possible change in the direction of the support line at 0.78199 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Besides a ‘Bearish SBS White Lines’ candle chart pattern is found. The chart forms ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.78333 – 0.78469 – 0.78456 – 0.78199 – 0.77951 – 0.78302 —
0.78426 – 0.78759 —
61.129863393844 – 66.912101003727 —
– —
0.78333 – 1780291800

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – – – – – – – – –