USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.80423 is certain.
Caution: A possible change in the direction of the support zone at 0.79097 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80821 |
| 2nd High | 0.80646 |
| Next High | 0.80423 |
| Current Price | 0.80467 |
| Next Low | 0.79097 |
| 2nd Low | 0.78716 |
| 3rd Low | 0.78676 |
0.80151 – 0.79572 – 0.79594 – 0.79097 – 0.79212 – 0.79326 —
0.79967 – 0.80378 —
58.761716350262 – 79.882666873534 —
– —
0.80151 – 1781735400
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –