Additionally a ‘Double bottom chart pattern’ chart formation is existing. The chart forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.80528 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.79914 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally 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 pair is likely to go up.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.
Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81016 |
| 2nd High | 0.8071 |
| Next High | 0.80528 |
| Current Price | 0.80562 |
| Next Low | 0.79914 |
| 2nd Low | 0.78778 |
| 3rd Low | 0.78718 |
0.80528 – 0.8071 – 0.81016 – 0.79914 – 0.79959 – 0.78778 —
0.80383 – 0.80382 —
53.095182529693 – 52.194564332862 —
– —
0.80528 – 1764676800
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom chart pattern – – – – – – – –