It looks like a pennant is very close to being finished and the price is ready to break out soon.
A pennant spots extending an uptrend if price breaks out to the the upside.
USD/CHF targets a move to 0.88.
USD/CHF: Rectangle
USD/CHF,
4 hours
SHORT
Aug 20
A rectangle forms.
A rectangle identifies a price formation that is used to identify the bulls have run out of steam when price breaks below support.
It is possible that extra downside towards the 0.86 mark will be made.
USD/CHF: Bearish Flag
USD/CHF,
4 hours
SHORT
Sep 4
As we can see the price builds a bearish flag, USD/CHF needs a bigger correction as a clue of a breakdown.
A bearish flag is said to depict a compelling bearish price signal that indicates a sharp decline if price breaks below support.
USD/CHF to drop to 0.848.
USD/CHF: Descending Triangle
USD/CHF,
4 hours
LONG
Apr 8
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jul 16
The price completes an ascending channel, the price is ready to break out.
An ascending channel depicts a specific bearish indicator that results in a further move down once price collapses through the support line.
It is likely that corrective downside to the 0.894 level will happen while below 0.8952 as the currency pair probes 0.8952 hurdle.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Aug 16
A descending channel takes place and the price is breaking out.
A descending channel is considered to be a compelling price formation with a downward bias that identifies a bullish price action if price breaks out to the the upside.
USD/CHF to peak towards 0.88 once above 0.879 as the currency pair is at a brink of a bullish breakout.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Jul 27
There is a descending channel appearing.
If price breaks out, the move could spot the bears have run out of steam.
USD/CHF aims to complete a retracement towards 0.862 once above 0.8605 as the currency pair looks bid.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Jul 31
It looks like a descending channel forms and the price lacks more active rise as a clue of a breakout.
Once price breaks out to the the upside, the resulting move could indicate that the price to go up.
USD/CHF targets a move to the 0.873 zone on a breakout of the descending channel amid the currency pair reclaims part of the ground lost.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Dec 18
We can see that a rectangle materializes, the price is close to breaking out soon.
A rectangle spots a bearish move once price breaks below support.
There is a possibility of a bearish move to the 0.866 zone on a breach of 0.867.
USD/CHF: Descending Channel
USD/CHF,
4 hours
LONG
May 17
The price establishes a descending channel, USD/CHF wants a further move as proof of a breakout.
In case if price breaks through the resistance, the move could indicate that the price to go long.
There is a chance of a bullish push up to 0.908 while above 0.906.
USD/CHF: Symmetrical Triangle
USD/CHF,
1 hour
SHORT
Dec 21
There is a symmetrical triangle revealed and the price calls for a next steady move as evidence of a breakout.
A symmetrical triangle provides a reliable bearish indicator that is used to predict a sharp decline in case if price breakdown occurs.
It is likely that a bearish continuation towards 0.86 will occur on a downside break as upside pressure seen easing.
USD/CHF: Descending Triangle
USD/CHF,
4 hours
LONG
Apr 10
There is a descending triangle revealed, the price is about to break out now.
In case if price breaks out to the the upside, the resulting move could identify that the price to go up.
USD/CHF advances higher towards 0.906 as USD/CHF loses bearish momentum.
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USD/CHF