USD/CHF – 30M – BUY

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.79435 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.80108 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Three Outside Up’ candle pattern is discovered. The chart shows ‘Three Outside Up’. 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 likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.80108 – 0.80009 – 0.79876 – 0.78691 – 0.79784 – 0.79711 —
0.78814 – 0.79034 —
38.834798810994 – 52.214679992321 —
0.78691 – 1775664000 —
0.80108 – 1775581200

Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –