USD/CHF – 30M – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.78946 will persist.

Caution: A possible counter-trend in the direction of the support zone at 0.78609 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

0.78946 – 0.78632 – 0.78082 – 0.78609 – 0.78466 – 0.7801 —
0.78942 – 0.79045 —
65.821267588124 – 70.440555641632 —
– —
0.78946 – 1773399600

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