USD/CHF – 30M – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 0.80009 will continue.
Caution: A possible change in the direction of the support level at 0.79817 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. 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 ‘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 | 0.80009 |
| Current Price | 0.80010 |
| Next Low | 0.79817 |
| 2nd Low | 0.79679 |
| 3rd Low | 0.79606 |
0.80009 – 0.79995 – 0.79847 – 0.79817 – 0.79679 – 0.79606 —
0.79968 – 0.80023 —
58.887119487328 – 57.311789844357 —
– —
0.80009 – 1767931200
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –