USD/CHF – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 0.77517 is expected.

Caution: A possible trend reversal in the direction of the support line at 0.76707 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.77573 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.77517 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

0.76996 – 0.77517 – 0.77536 – 0.76707 – 0.76712 – 0.77315 —
0.77414 – 0.77512 —
74.472438943932 – 69.48959377759 —
– —
0.76996 – 1772416800

Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –