USD/CHF – 1H – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.77536174 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.77657 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.77657 – 0.77679 – 0.7772 – 0.771 – 0.76938 – 0.76932 —
0.77392 – 0.77268 —
47.473925047129 – 39.537131564319 —
– —
0.77657 – 1771916400

Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – Double bottom retreat down – – – – – – – –