USD/CHF – 1H – BUY

The combination US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.78171 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

In addition a ‘Bullish Tri-Star’ candle chart pattern is found. The chart forms ‘Bullish Tri-Star’. 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 chance of ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).

0.78171 – 0.76999 – 0.77057 – 0.77455 – 0.77383 – 0.76625 —
0.77651 – 0.77733 —
50.555380089528 – 59.339308252126 —
– —
0.78171 – 1770051600

Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Tri-Star – Double bottom chart pattern – – – – – – – –