USD/CHF – 1H – BUY

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

An ascending movement upwards to the next resistance level at 0.79661 is expected.

Caution: A possible counter-trend in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.79661 – 0.79938 – 0.80113 – 0.79315 – 0.78778 – 0.79858 —
0.79640 – 0.79543 —
58.147548919884 – 51.062423340383 —
– —
0.79661 – 1763431200

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom chart pattern – – – –