USD/CHF – 30M – BUY

The combination US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 0.80614 will continue.

Caution: A possible reversal of the trend in the direction of support at 0.79852 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.80096 – 0.80004 – 0.79751 – 0.79852 – 0.79376 – 0.79513 —
0.80299 – 0.80302 —
76.684829274824 – 66.374642963995 —
– —
0.80096 – 1763524800

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