USD/CHF – 30M – BUY

The combination US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.78742 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.78397 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.78763 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.78742 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.78598 – 0.78653 – 0.78742 – 0.78397 – 0.78306 – 0.78335 —
0.78542 – 0.78684 —
53.215697303467 – 60.957593773076 —
– —
0.78598 – 1777320000

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – – – – – – – – –