A descending triangle is almost done, the price needs a more steady bullish action to confirm descending triangle breakout.
If price breaks through the resistance, the move could spot that the price to go long.
USD/CHF tests a move towards the 0.864 zone as the currency pair challenges 0.8632 hurdle.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jan 10
An ascending channel is distinguished and the price is about to break out.
An ascending channel often indicates that the price to go down in case if price breakdown occurs.
USD/CHF opens door for a move to the 0.85 level on a downside break as the currency pair probes 0.851 hurdle.
USD/CHF: Pennant
USD/CHF,
1 hour
LONG
Apr 12
A pennant is close to completion, the price is ready to break out soon.
A pennant is believed to be a useful bullish signal that is used to predict the more likely potential of rising prices once price breaks above resistance.
There is a possibility of a bullish move towards 0.916 while above 0.914.
USD/CHF: Bearish Rectangle
USD/CHF,
1 hour
SHORT
Mar 22
A bearish rectangle is close to being done and the price is about to break out.
A bearish rectangle typically predicts a further move down when price breaks out.
USD/CHF to slump towards 0.921 as bearish momentum increases.
USD/CHF: Bullish Flag
USD/CHF,
1 hour
LONG
Jul 31
We can see that a bullish flag is very close to being finished, USD/CHF requires a steady move to confirm a breakout.
A bullish flag is believed to be a reliable price pattern that typically identifies a bullish price move in case if price breaks above resistance.
USD/CHF is bullish and en route to the 0.874 level on a breakout of the bullish flag.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
LONG
Apr 30
There is an ascending triangle recognized, the price is ready to break out.
An ascending triangle typically identifies an extension in the upward direction once price breaks through the resistance.
USD/CHF to move up to the 0.914 zone.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Dec 7
A descending channel has been determined and the price asks for next bigger push up as an information of a breakout.
A descending channel represents a useful bullish formation that can be used to indicate a further move up in case if price breaks out to the the upside.
USD/CHF to enjoy a considerable gain towards the 0.8755 zone as downside pressure alleviates.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Apr 30
We can see that a descending channel is determined, the price demands a move to confirm descending channel breakout.
In case if price breaks out to the the upside, the move could spot a bullish price action.
USD/CHF to resume its rise to 0.913 on a breach of 0.912.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Sep 5
There is a descending triangle noticed and the price is going to break out.
A descending triangle depicts a useful formation that is used to signal that prices are likely to keep rallying upward in case if price breaks through the resistance.
It is not ruled out that a rangebound towards the 0.885 level will be made.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Dec 12
As we can see a rectangle has been observed and the price breaks out soon.
In case if price breakdown occurs, the move could signal a move down.
USD/CHF to prolong the corrective phase towards 0.877 amid rising bets for the move.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Feb 29
We can see that the price completes a descending triangle, the price wants a further active move as evidence of a breakout.
A descending triangle is a useful bullish price signal that often indicates a further move up in case if price breaks out to the the upside.
It is possible that a rangebound to the 0.88 mark will form amid USD/CHF reclaims part of the ground lost.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
Mar 5
There is an ascending channel occuring, USD/CHF lacks a further correction as a signal of a breakout.
When price breaks out, the move could spot a bearish price action.
It is possible that a bearish continuation towards the 0.882 mark will form.
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USD/CHF