USD/CHF – 30M – BUY

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

An ascending movement upwards to the next resistance at 0.78038 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.77709 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

Furthermore a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.78038 – 0.78197 – 0.78329 – 0.77709 – 0.78079 – 0.78128 —
0.77932 – 0.77874 —
45.7201313868 – 35.759364596977 —
– —
0.78038 – 1778086800

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