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: Ascending Channel
USD/CHF,
1 hour
SHORT
42 hours ago
An ascending channel develops and the price is ready to break out now.
An ascending channel suggests a bearish price action indicator that indicates a next move down once price breaks out to the the downside.
There is a chance of a rangebound to 0.912 as minor hurdle remains at 0.9126.
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: 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: Falling Wedge
USD/CHF,
4 hours
LONG
Feb 1
The price gives a falling wedge, the price is about to break out.
A falling wedge denotes an indicator that predicts a temporary interruption during a falling market if price breaks out.
There is a chance of a bullish price action to 0.865.
USD/CHF: Rectangle
USD/CHF,
1 hour
LONG
Mar 5
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.
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USD/CHF