The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.79247 will persist.
Caution: A possible change in the direction of the support level at 0.77951 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80179 |
| 2nd High | 0.79339 |
| Next High | 0.79247 |
| Current Price | 0.79232 |
| Next Low | 0.77951 |
| 2nd Low | 0.77614 |
| 3rd Low | 0.77478 |
0.7899 – 0.79066 – 0.78089 – 0.77951 – 0.78076 – 0.78381 —
0.78653 – 0.79046 —
55.128375353996 – 70.683477041864 —
– —
0.7899 – 1779940800
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –