USD/CHF – 30M – BUY

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.

There is also a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.785175 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.78183 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.78183 – 0.78301 – 0.79229 – 0.7783 – 0.77788 – 0.78035 —
0.78137 – 0.78084 —
49.938559716195 – 47.883542397981 —
– —
0.78183 – 1777678200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –