Buy USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) moves from the bearish trendline upwards

A bullish trend up to the next resistance at 0.78301 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.77918 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.79247
2nd High 0.79229
Next High 0.78301
Current Price 0.77987
Next Low 0.77918
2nd Low 0.77826
3rd Low 0.77756

0.78301 – 0.79229 – 0.79247 – 0.78035 – 0.7895 – 0.78828 —
0.78077 – 0.77946 —
39.966720307757 – 40.68648940203 —
– —
0.78301 – 1777627800

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