USD/CHF – 1H – BUY

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

A bullish trend upwards to the next resistance at 0.77042 will persist.

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

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Three Outside Up’ candle pattern is discovered. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.77042 – 0.77176 – 0.77248 – 0.76693 – 0.76665 – 0.76288 —
0.76974 – 0.76918 —
53.137885909958 – 47.020033446436 —
– —
0.77042 – 1771254000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – Double top chart pattern – – – – – – – –