Buy USD/CHF – 1H – BUY

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.79395 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.79395 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.79684
2nd High 0.79577
Next High 0.79395
Current Price 0.79496
Next Low 0.78697
2nd Low 0.78342
3rd Low 0.7801

0.79241 – 0.79243 – 0.79395 – 0.78697 – 0.78342 – 0.7855 —
0.79277 – 0.79426 —
52.931198975644 – 62.172390564725 —
– —
0.79241 – 1774465200

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