The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.78082 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.77829 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Bearish SBS White Lines’ candle pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78272 |
| 2nd High | 0.78253 |
| Next High | 0.78082 |
| Current Price | 0.78171 |
| Next Low | 0.77829 |
| 2nd Low | 0.77649 |
| 3rd Low | 0.77478 |
0.78082 – 0.77919 – 0.77828 – 0.77829 – 0.77649 – 0.77478 —
0.78217 – 0.78190 —
65.696640649462 – 55.934011262198 —
– —
0.78082 – 1773255600
Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – – – – – – – – –