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 Triangle
USD/CHF,
1 hour
SHORT
27 hours ago
A descending triangle has been diagnosed.
A descending triangle identifies the more likely potential of falling prices once price breaks below support.
USD/CHF to plummet towards the 0.894 level as risk reversal sheds bullish bias.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
3 days ago
An ascending channel forms, the price is about to break out.
An ascending channel represents a specific chart pattern that often predicts extending an downtrend in case if price collapses through the support line.
There is a possibility of a rangebound to 0.89.
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: 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.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Sep 10
A falling wedge is almost completed and the price asks for active rise as a signal of a breakout.
A falling wedge provides a compelling price action pattern that is angled down that predicts a change in price direction once price breaks through the resistance.
USD/CHF points to the upside towards the 0.848 zone on a breach of 0.847.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jul 16
It seems like an ascending channel has been found, the price asks for a steady bearish action for the certainty of breakout.
An ascending channel can be thought of as a technical price pattern that can be used to signal a further move down once price collapses through the support line.
Extra downside towards 0.893 looks possible on a breakout of the ascending channel as the currency pair becomes under pressure.
USD/CHF: Ascending Triangle
USD/CHF,
4 hours
LONG
Dec 12
It seems like an ascending triangle is very close to being completed.
An ascending triangle often indicates that the price will rally further when price breaks above resistance.
USD/CHF to surge considerably towards 0.886.
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