USD/CHF – 1H – BUY

The combination US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline upwards

An ascent up to the next resistance at 0.81512 is likely expected.

Caution: A possible change in the direction of the support level at 0.80302 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.81512 – 0.81083 – 0.80795 – 0.80603 – 0.80744 – 0.80302 —
0.81120 – 0.80472 —
58.47100426602 – 28.211535276176 —
– —
0.81512 – 1783998000

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