USD/CHF – 1H – BUY

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

An ascent up to the next resistance level at 0.80621 is expected.

Caution: A possible trend reversal in the direction of support at 0.80405 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.

And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

And also a ‘RSI Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive signal. The currency pair could go up.

And also a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive signal. The currency pair could go up.

And also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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).

0.80621 – 0.80833 – 0.81016 – 0.80405 – 0.80262 – 0.80415 —
0.80488 – 0.80520 —
46.371174365018 – 44.091977049597 —
0.80405 – 1764288000 —
0.80621 – 1764248400

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom retreat down – – – – – – – –