USD/CHF – 1H – BUYThe combination US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.79674 is certain.
Caution: A possible trend reversal in the direction of support at 0.79438 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80821 |
| 2nd High | 0.79873 |
| Next High | 0.79674 |
| Current Price | 0.79668 |
| Next Low | 0.79438 |
| 2nd Low | 0.79044 |
| 3rd Low | 0.79009 |
0.79592 – 0.79674 – 0.79408 – 0.79438 – 0.79044 – 0.79009 —
0.79663 – 0.79623 —
64.149336895319 – 51.273390971834 —
– —
0.79592 – 1767733200
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –