USD/CHF – 30M – BUYAlso there is a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.798655 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.79792 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80646 |
| 2nd High | 0.80175 |
| Next High | 0.79792 |
| Current Price | 0.79764 |
| Next Low | 0.79556 |
| 2nd Low | 0.79512 |
| 3rd Low | 0.79438 |
0.79792 – 0.80175 – 0.80173 – 0.79556 – 0.79721 – 0.79859 —
0.79699 – 0.79706 —
40.71941991519 – 46.735908690174 —
– —
0.79792 – 1768226400
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –