USD/CHF – 1H – BUY

The combination US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance level at 0.81512 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.80744 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Bullish Belt Hold’ candlestick pattern is found. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.81512 – 0.81083 – 0.80795 – 0.80744 – 0.80302 – 0.80527 —
0.81460 – 0.81379 —
67.789906934622 – 49.820231342276 —
– —
0.81512 – 1783998000

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