USD/CHF – 30M – BUY

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

An ascending movement up to the next resistance level at 0.78069 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.77756 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

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

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.780705 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.78069 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Up’ candle pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.78069 – 0.77925 – 0.78349 – 0.77756 – 0.77749 – 0.78273 —
0.78011 – 0.77925 —
57.3220890688 – 43.285796500436 —
– —
0.78069 – 1776769200

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