USD/CHF – 4H – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline upwards

A bullish ascent upwards to the next resistance at 0.81198 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.80096 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.81198 – 0.81393 – 0.80126 – 0.80096 – 0.80628 – 0.80658 —
0.80381 – 0.80599 —
31.989535810275 – 48.179224043792 —
– —
0.81198 – 1782921600

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –