Buy USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance level at 0.78082 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.77829 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘Bearish SBS White Lines’ candle pattern is existing. The candles form ‘Bearish SBS White Lines’. 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 probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 0.78272
2nd High 0.78253
Next High 0.78082
Current Price 0.78171
Next Low 0.77829
2nd Low 0.77649
3rd Low 0.77478

0.78082 – 0.77919 – 0.77828 – 0.77829 – 0.77649 – 0.77478 —
0.78217 – 0.78190 —
65.696640649462 – 55.934011262198 —
– —
0.78082 – 1773255600

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