The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 0.80393 is considered certain.
Caution: A possible change in the direction of the support line at 0.80196 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.
Then a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.
Then a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. this 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80621 |
| 2nd High | 0.80528 |
| Next High | 0.80393 |
| Current Price | 0.80352 |
| Next Low | 0.80196 |
| 2nd Low | 0.79951 |
| 3rd Low | 0.79914 |
0.80393 – 0.80145 – 0.80118 – 0.80196 – 0.79951 – 0.79914 —
0.80340 – 0.80332 —
64.906946997633 – 60.168214555082 —
– —
0.80393 – 1764887400
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – – – – – – – – –