Buy USD/CHF – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 0.79 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.78411 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.79684
2nd High 0.79227
Next High 0.79
Current Price 0.79280
Next Low 0.78411
2nd Low 0.7801
3rd Low 0.77649

0.79 – 0.79227 – 0.79166 – 0.78411 – 0.78648 – 0.78609 —
0.78643 – 0.79043 —
49.19946947025 – 74.895788172895 —
– —
0.79 – 1773738000

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