Buy USD/CHF – 4H – BUY

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

A bullish ascent up to the next resistance at 0.7772 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.771 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Bearish SBS White Lines’ chart pattern is found. The chart shows ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 0.80405
2nd High 0.78171
Next High 0.7772
Current Price 0.77386
Next Low 0.771
2nd Low 0.76288
3rd Low 0.76027

0.7772 – 0.77397 – 0.773 – 0.771 – 0.76288 – 0.77419 —
0.77679 – 0.77507 —
57.690208681838 – 48.639230447368 —
– —
0.7772 – 1771603200

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