Buy USD/CHF – 4H – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.80853 will continue.

Caution: A possible counter-trend in the direction of the support zone at 0.79556 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.8124
2nd High 0.81016
Next High 0.80853
Current Price 0.80342
Next Low 0.79556
2nd Low 0.79009
3rd Low 0.78551

0.80175 – 0.79674 – 0.7942 – 0.79556 – 0.79009 – 0.78551 —
0.80172 – 0.80171 —
65.25817601148 – 56.090573334292 —
– —
0.80175 – 1768176300

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