USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards

An ascending movement up to the next resistance at 0.79478 is considered certain.

Caution: A possible change in the direction of the support level at 0.79263 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.78784 – 0.79478 – 0.79991 – 0.79462 – 0.79482 – 0.79605 — 58.384687623531 – 62.084743113288 — 41.068018425366 – 51.380915659898 – 40.477930922216 – 45.67169398409

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