USD/CHF – 30M – BUY

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

A bullish movement up to the next resistance line at 0.76997 will continue.

Caution: A possible counter-trend in the direction of support at 0.76354 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Up’ candle pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.76997 – 0.76999 – 0.77057 – 0.76354 – 0.76483 – 0.76465 —
0.76883 – 0.76902 —
49.844644515356 – 55.621510393533 —
– —
0.76997 – 1769772600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – Symmetrical Triangle Chart Pattern – – – – – – – –