USD/CHF – 1H – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.

The bullish trend up to the next resistance level at 0.78312 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.77982 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Bearish SBS White Lines’ candle pattern is found. The chart shows ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.78312 – 0.79339 – 0.79136 – 0.77982 – 0.779 – 0.78543 —
0.78312 – 0.78224 —
57.316146051703 – 48.117229661102 —
0.78312 – 1776261600 —
– 1776261600

Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – – – – – – – – –