USD/CHF – 4H – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.78339522 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.78374 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.78374 – 0.78784 – 0.7772 – 0.7782 – 0.76707 – 0.77051 —
0.78048 – 0.77662 —
49.866689018486 – 41.098283625422 —
– —
0.78374 – 1772740800

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –