USD/CHF – 1H – BUY

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

A bullish trend up to the next resistance line at 0.7848 is expected.

Caution: A possible change in the direction of support at is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

And also a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.7848 – 0.78474 – 0.78183 – 0.77709 – 0.77788 – 0.78828 —
0.77830 – 0.77950 —
40.020353527412 – 53.938349789433 —
– —
0.7848 – 1777968000

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