USD/CHF – 1H – BUY

There is also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.76938 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.77536 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Southern Doji’ candle pattern is found. The candles show ‘Southern Doji’. this 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 ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.77536 – 0.77573 – 0.77657 – 0.77051 – 0.77189 – 0.771 —
0.76910 – 0.76996 —
24.264846959268 – 40.852432853216 —
– —
0.77536 – 1772110800

Trading Signals: FOREX – USD – USD/CHF – CHF – Southern Doji – – – – – – – – –