USD/CHF – 30M – BUY

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

A bullish ascent upwards to the next resistance line at 0.78272 is expected.

Caution: A possible trend reversal in the direction of support at 0.77595 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The currency pair could go up.

Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Additionally a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.78272 – 0.78374 – 0.78186 – 0.77595 – 0.7794 – 0.77849 —
0.78244 – 0.78079 —
70.611893611396 – 40.723238212427 —
– —
0.78272 – 1772805600

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