USD/CHF – 4H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.78216 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.773 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bullish Belt Hold’ chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.773 – 0.78171 – 0.80405 – 0.76288 – 0.77419 – 0.76027 —
0.76985 – 0.77115 —
50.588290056894 – 51.244180106874 —
– —
0.773 – 1770825600

Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – – – – – – – – –