USD/CHF – 30M – BUY

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

An ascent up to the next resistance at 0.77439 will persist.

Caution: A possible counter-trend in the direction of support at 0.771 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD-Hist Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Die Paarung wird wahrscheinlich steigen.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.773895 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.77439 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

0.77439 – 0.77507 – 0.77657 – 0.77302 – 0.77313 – 0.77312 —
0.77320 – 0.77247 —
35.537195025772 – 32.239409053106 —
– —
0.77439 – 1771977600

Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –