USD/CHF – 1H – BUY

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

An ascending movement upwards to the next resistance level at 0.78272 is expected.

Caution: A possible change in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also 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 chart signal. The currency pair could go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.78272 – 0.78374 – 0.78348 – 0.77595 – 0.7782 – 0.77902 —
0.78136 – 0.78023 —
56.991146539145 – 50.415050201697 —
– —
0.78272 – 1772805600

Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – – – – – – – – –