We can see that a bearish flag is found.
A bearish flag typically identifies extending an downtrend if price breaks through the support.
USD/CHF pulls away from recent highs towards 0.894.
USD/CHF: Descending Channel
USD/CHF,
1 day
SHORT
Feb 15
A descending channel materializes.
A descending channel depicts a chart formation that can be used to identify an extension in the downward direction if price collapses through the support line.
USD/CHF to plummet to 0.895 on a breakdown of the descending channel as the currency pair looks offered.
USD/CHF: Rising Wedge
USD/CHF,
4 hours
SHORT
3 days ago
A rising wedge has been noticed, the price needs a next bigger bearish continuation as proof of a breakout.
A rising wedge is believed to be a technical bearish indicator that can be used to identify an upward trend is about to reverse into an downward trend if price breaks down.
USD/CHF to accomodate to 0.882 on a break below 0.8825.
USD/CHF: Ascending Channel
USD/CHF,
1 day
SHORT
Feb 6
An ascending channel emerges.
An ascending channel can be thought of as a compelling indicator that often predicts a break during an uptrending market in case if price breaks through the support.
USD/CHF to continue lower to 0.9 as outlook for USD/CHF stays negative.
USD/CHF: Ascending Channel
USD/CHF,
1 day
SHORT
Jan 28
An ascending channel forms.
An ascending channel often predicts a bearish move once price breaks through the support.
A further bearish move towards the 0.88 zone looks possible as the currency pair is at a brink of a bearish breakout.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Jan 23
A rectangle is close to being done and the price is ready to break out soon.
A rectangle suggests a bearish price pattern that spots prices are likely to keep falling downward when price collapses through the support line.
There is a possibility of corrective downside towards the 0.866 level on impulse below 0.8672.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Nov 2
An ascending channel has been identified.
An ascending channel often spots a bearish price action once price breaks out.
There is a chance of a rangebound to the 0.9 zone as USD/CHF sticks to the negative mood.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Nov 14
A rectangle is close to completion and USD/CHF lacks further steady fall as a verification of a breakdown.
A rectangle depicts a bearish indicator that can be used to spot that the price to go down in case if price breaks down.
USD/CHF opens door for a move to the 0.9 mark as USD/CHF is at a brink of a bearish breakout.
USD/CHF: Bullish Flag
USD/CHF,
1 hour
LONG
Nov 9
There is a bullish flag exposed.
When price breaks out, the resulting move could predict a next move up.
USD/CHF does not rule out a move to the 0.901 level.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
Nov 13
The price shapes a rising wedge, USD/CHF lacks a further steady move as a sign of a breakout.
A rising wedge is considered to be a specific pattern that is used to signal a bearish move when price breaks out to the the downside.
USD/CHF to head to 0.901 as bearish momentum increases.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
4 days ago
A rising wedge is close to being completed.
A rising wedge identifies a pause in an uptrending market if price breaks through the support.
USD/CHF challenges a move towards 0.883.
USD/CHF: Rectangle
USD/CHF,
1 hour
LONG
Nov 6
A rectangle is revealed and the price is about to break out.
A rectangle is considered to be a reliable bullish price action formation that signals a next move up if price breaks above resistance.
USD/CHF advances higher to the 0.865 mark on a breach of 0.8644.
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USD/CHF