USD/CHF – 30M – BUY

The combination US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at 0.80059 is considered certain.

Caution: A possible change in the direction of support at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.80059 – 0.79954 – 0.79947 – 0.79724 – 0.79647 – 0.79743 —
0.79876 – 0.79891 —
45.680246404028 – 51.325835734133 —
– —
0.80059 – 1781143200

Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – – – – – – – – –