USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.78253 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.77772 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Then a ‘Bearish Harami Cross’ candlestick chart pattern is found. The chart shows ‘Bearish Harami Cross’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

0.78253 – 0.78272 – 0.78374 – 0.77772 – 0.77595 – 0.7794 —
0.77924 – 0.77888 —
45.321715571686 – 45.386327384243 —
– —
0.78253 – 1773032400

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish Harami Cross – – – – – – – – –