USD/CHF – 30M – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.80621 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.80276 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.80497 – 0.80393 – 0.80145 – 0.80276 – 0.80298 – 0.80185 —
0.80450 – 0.80589 —
55.901665843788 – 62.979369265691 —
– —
0.80497 – 1765155600

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –