USD/CHF – 30M – BUY

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

The bullish trend up to the next resistance line at 0.77828 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.77478 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘MACD Bullish Divergence’ indicator signal is found. The indicator shows ‘MACD Bullish Divergence’. which is often a bullish signal. The currency pair could go up.

Then a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator shows ‘MACD-Hist Bullish Divergence’. In der Regel bedeutet das ein negatives signal. Die Paarung wird wahrscheinlich fallen.

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.77875 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.77828 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.77828 – 0.78073 – 0.78253 – 0.77478 – 0.77655 – 0.77792 —
0.77627 – 0.77592 —
46.884775920832 – 47.351348707103 —
– —
0.77828 – 1773126000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –