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 at 0.80467 is expected.

Caution: A possible trend reversal in the direction of support at 0.80096 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency 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%.

0.80467 – 0.80975 – 0.81198 – 0.80096 – 0.80777 – 0.80727 —
0.80243 – 0.80253 —
33.848875690942 – 46.333108296298 —
– —
0.80467 – 1783047600

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