Buy USD/CHF – 1H – BUY

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

A bullish ascent up to the next resistance line at 0.77397 is expected.

Caution: A possible change in the direction of the support level at 0.76938 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Then a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.77869
2nd High 0.77857
Next High 0.77397
Current Price 0.77408
Next Low 0.76938
2nd Low 0.76932
3rd Low 0.76861

0.77397 – 0.77042 – 0.77176 – 0.76938 – 0.76932 – 0.76861 —
0.77249 – 0.77314 —
56.562722182307 – 60.071015768666 —
– —
0.77397 – 1771347600

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