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 level at 0.80368 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.80103 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.80368 – 0.80467 – 0.80975 – 0.80103 – 0.80096 – 0.80777 —
0.80368 – 0.80345 —
49.515255768058 – 53.320067507346 —
0.80368 – 1783098000 —
– 1783098000

Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –