USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.82717 will continue.

Caution: A possible reversal of the trend in the direction of support at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.82570444 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.82717 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.82717 – 0.82651 – 0.82537 – 0.82096 – 0.82214 – 0.82120

Download USD/CHF Signal Image

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji