The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.80614 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.79852 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ” indicator layout is discovered. The indicator shows ”. which is often a bullish chart scenario. The currency pair is likely to rise.
!
In addition a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80693 |
| 2nd High | 0.80671 |
| Next High | 0.80614 |
| Current Price | 0.80589 |
| Next Low | 0.79852 |
| 2nd Low | 0.79376 |
| 3rd Low | 0.78778 |
0.80096 – 0.80004 – 0.79751 – 0.79852 – 0.79376 – 0.79513 —
0.80377 – 0.80526 —
71.030316998003 – 66.929917229088 —
– —
0.80096 – 1763524800
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – –