USD/CHF – 1H – BUY

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

A bullish trend upwards to the next resistance at 0.78399 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.77984 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.78399 – 0.78454 – 0.78312 – 0.77984 – 0.77982 – 0.779 —
0.78262 – 0.78143 —
26.640927189066 – 48.891319664124 —
– —
0.78399 – 1776416400

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