USD/CHF – 30M – BUY

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

An ascending movement up to the next resistance level at 0.80467 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.80103 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

Next a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. 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).

0.80467 – 0.80975 – 0.81198 – 0.80103 – 0.80096 – 0.80777 —
0.80227 – 0.80303 —
40.301445350762 – 47.005481354984 —
– —
0.80467 – 1783047600

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