USD/CHF – 30M – BUYAlso there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.78645596 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.79 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.78482 |
| Next Low | 0.7801 |
| 2nd Low | 0.77829 |
| 3rd Low | 0.77649 |
0.79 – 0.78927 – 0.79227 – 0.78648 – 0.78652 – 0.78609 —
0.78485 – 0.78462 —
30.346094844764 – 36.301849087483 —
– —
0.79 – 1773738000
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –