USD/CHF – 30M – BUY

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

An ascent upwards to the next resistance at 0.79408 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.79109 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The 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).

0.79408 – 0.79411 – 0.7942 – 0.79109 – 0.7908 – 0.79169 —
0.79652 – 0.79286 —
64.934570255952 – 37.201249382424 —
– —
0.79408 – 1767355200

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