USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.80924 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.80503 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81310 |
| 2nd High | 0.81257 |
| Next High | 0.80924 |
| Current Price | 0.80573 |
| Next Low | 0.80503 |
| 2nd Low | 0.79263 |
| 3rd Low | 0.79214 |
0.80924 – 0.80580 – 0.79437 – 0.80503 – 0.79263 – 0.79214 — 38.300670522993 – 41.71374544784 — 31.935719031362 – 55.9410430839 – 24.021988234234 – 36.945480924687
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – –