USD/CHF – 30M – BUY

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

An ascending movement upwards to the next resistance at 0.79053 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.78658 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.79053 – 0.79005 – 0.79577 – 0.78658 – 0.7855 – 0.78572 —
0.79379 – 0.78698 —
77.895060696701 – 33.713103278094 —
– —
0.79053 – 1774026000

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –