There is a rectangle coming out, the price is ready to break out.
A rectangle suggests a bullish price action signal that can be used to spot a sharp rise in case if price breaks out.
USD/CHF to surge considerably to 0.886.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
LONG
Mar 15
There is an ascending triangle recognized and the price is close to breaking out now.
In case if price breaks out, the move could identify a bullish price action.
USD/CHF is bullish and en route towards the 0.918 mark.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Feb 29
The price forms a descending channel.
A descending channel represents a compelling price action pattern that is used to predict a bullish price move if price breaks out.
USD/CHF to recover bullish potential to 0.882 on impulse above 0.881.
USD/CHF: Rising Wedge
USD/CHF,
1 day
SHORT
Apr 20
There is a rising wedge emerging and the price is ready to break out.
A rising wedge provides a technical formation with an upward bias that is used to indicate a bearish price action in case if price breaks out to the the downside.
It is not ruled out that a bearish push down towards the 0.9 zone will be made.
USD/CHF: Symmetrical Triangle
USD/CHF,
1 hour
SHORT
Dec 13
It seems like a symmetrical triangle is almost completed, the price is going to break out soon.
A symmetrical triangle can be thought of as a useful formation that can be used to indicate prices are likely to keep falling downward when price breaks out to the the downside.
USD/CHF to plummet towards 0.875 on a breakout of the symmetrical triangle as minor hurdle remains at 0.8756.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
SHORT
Mar 9
There is a descending triangle encountered and USD/CHF asks for a further move as an information of a breakout.
A descending triangle can be thought of as a pattern that spots a further move down in case if price breaks out to the the downside.
There is a chance of a move to 0.938 as minor hurdle remains at 0.9392.
USD/CHF: Pennant
USD/CHF,
4 hours
SHORT
Jul 7
We can see that a pennant forms and the price asks for a more bigger bearish continuation to confirm a breakdown.
A pennant identifies extending an downtrend when price breaks below support.
There is a possibility of a rangebound towards 0.894 as the currency pair becomes under pressure.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jul 25
It seems like an ascending channel is detected and the price is about to break out.
An ascending channel is said to depict a specific price signal that can be used to identify an extension in the downward direction when price breaks down.
It is not ruled out that corrective downside towards 0.865 will form while below 0.8655 amid rising bets for the move.
USD/CHF: Pennant
USD/CHF,
1 day
LONG
Mar 19
It seems like USD/CHF shapes a pennant.
A pennant denotes a technical bullish price action pattern that is used to predict a bullish price move once price breaks through the resistance.
USD/CHF to surge considerably towards 0.89 on a break above 0.886.
USD/CHF: Bearish Rectangle
USD/CHF,
1 hour
SHORT
Oct 17
A bearish rectangle is revealed.
If price breaks below support, the resulting move could identify the bulls have run out of steam.
USD/CHF is at risk of resuming its decline to 0.899 on a breakdown of the bearish rectangle.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Mar 18
A falling wedge is diagnosed.
Once price breaks through the resistance, the move could signal the more likely potential of rising prices.
USD/CHF looks ready to further extend its gains to 0.8835 once beyond 0.8834 as USD/CHF becomes bid.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Dec 6
It looks like the price composes a descending triangle, the price needs a more move as an information of a breakout.
When price breaks above resistance, the move could identify extending an uptrend.
It is likely that a further bullish push up to 0.876 will form.
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USD/CHF