USD/CHF – 1H – BUYMoreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80821 |
| 2nd High | 0.79873 |
| Next High | 0.79674 |
| Current Price | 0.79319 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.79674 – 0.79408 – 0.7942 – 0.79044 – 0.79009 – 0.7908 —
0.79150 – 0.79281 —
36.077205124984 – 53.115003862728 —
– —
0.79674 – 1767625200
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – Double bottom retreat down – – – – – – – –