USD/CHF – 1H – BUY

The combination US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 0.79109 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.78828 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.79109 – 0.78763 – 0.78733 – 0.78828 – 0.78306 – 0.78455 —
0.79066 – 0.79144 —
58.893761997558 – 53.432775068198 —
– —
0.79109 – 1777388400

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –