USD/CHF – 30M – BUY

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

An ascending movement up to the next resistance at 0.81116 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.80747 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘MACD Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

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

0.81116 – 0.81345 – 0.81304 – 0.80893 – 0.81019 – 0.81134 —
0.80878 – 0.80884 —
42.133472610339 – 47.000360480337 —
– —
0.81116 – 1782450000

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