USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards

An ascent up to the next resistance at 0.77507 will continue.

Caution: A possible change in the direction of the support level at 0.77189 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.7756336 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.77507 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.77439 – 0.77507 – 0.77657 – 0.77189 – 0.77302 – 0.77313 —
0.77247 – 0.77424 —
32.239410231674 – 61.7205947148 —
– —
0.77439 – 1771977600

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double top retreat up – – – – – – – –