USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.

A bullish ascent up to the next resistance level at 0.79792 is certain.

Caution: A possible change in the direction of the support zone at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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).

0.79792 – 0.80175 – 0.80173 – 0.79556 – 0.79721 – 0.79859 —
0.79782 – 0.79780 —
51.338782337537 – 51.907331543253 —
– —
0.79792 – 1768226400

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom chart pattern – – – – – – – –