USD/CHF – 30M – BUY

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

An ascending movement up to the next resistance level at 0.77934 is likely expected.

Caution: A possible change in the direction of the support level at 0.77305 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.77934 – 0.77926 – 0.79142 – 0.77305 – 0.77526 – 0.77413 —
0.77720 – 0.77611 —
51.023568443612 – 39.646412554986 —
– —
0.77934 – 1769439600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –