USD/CHF – 1H – BUY

The pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.78171 is certain.

Caution: A possible reversal of the trend in the direction of the support level at could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Bearish SBS White Lines’ chart pattern is found. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.78171 – 0.76999 – 0.77057 – 0.77455 – 0.77383 – 0.76625 —
0.77515 – 0.77651 —
40.847106319244 – 44.549795213852 —
0.77455 – 1770188400 —
0.78171 – 1770051600

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – Double top retreat up – – – – – – – –