USD/CHF – 1H – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance at 0.80924 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.80453 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.80695 – 0.80924 – 0.80580 – 0.80453 – 0.79214 – 0.79003 — 57.83338090853 – 61.898303227177 — 60.69143514 – 70.629188626456 – 66.191684559828 – 63.496504507631

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