USD/CHF – 30M – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.78784 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.78466 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

0.78632 – 0.78082 – 0.77919 – 0.78466 – 0.7801 – 0.77829 —
0.78669 – 0.78779 —
69.84397596753 – 74.781736205209 —
– —
0.78632 – 1773358200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –