USD/CHF – 30M – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.79995 is considered certain.
Caution: A possible change in the direction of the support line at 0.79679 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80646 |
| 2nd High | 0.8001 |
| Next High | 0.79995 |
| Current Price | 0.79982 |
| Next Low | 0.79679 |
| 2nd Low | 0.79606 |
| 3rd Low | 0.79512 |
0.79995 – 0.79847 – 0.79799 – 0.79679 – 0.79606 – 0.79512 —
0.79952 – 0.79930 —
56.242072604193 – 56.842475016051 —
– —
0.79995 – 1767906000
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –