USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline upwards

A bullish movement up to the next resistance at 0.79661 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.79376 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.79661 – 0.79619 – 0.79552 – 0.79376 – 0.79513 – 0.78778 —
0.79635 – 0.79672 —
63.353960655952 – 49.663641721471 —
– —
0.79661 – 1763431200

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