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: Descending Channel
USD/CHF,
4 hours
LONG
Nov 1
It seems like a descending channel is determined, the price expects more steady rise as a signal of a breakout.
In case if price breaks out, the move could spot a sharp rise.
USD/CHF tests a move to 0.87 on a breakout of the descending channel.
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.
USD/CHF: Descending Channel
USD/CHF,
4 hours
LONG
Nov 6
USD/CHF completes a descending channel and the price is ready to break out soon.
A descending channel represents a specific price signal that predicts a bearish-to-bullish trend reversal in case if price breaks through the resistance.
It is not ruled out that a rangebound to the 0.872 zone will form on a breach of 0.87 as door open for a test of 0.872.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Nov 5
There is a descending triangle turning up and the price is ready to break out.
A descending triangle denotes a useful price action pattern that has a downward slope that indicates extending an uptrend when price breaks through the resistance.
USD/CHF to continue the appreciation trend to 0.865.
USD/CHF: Symmetrical Triangle
USD/CHF,
1 hour
SHORT
Dec 13
It seems like a symmetrical triangle is almost completed, the price is going to break out soon.
A symmetrical triangle can be thought of as a useful formation that can be used to indicate prices are likely to keep falling downward when price breaks out to the the downside.
USD/CHF to plummet towards 0.875 on a breakout of the symmetrical triangle as minor hurdle remains at 0.8756.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
SHORT
Mar 9
There is a descending triangle encountered and USD/CHF asks for a further move as an information of a breakout.
A descending triangle can be thought of as a pattern that spots a further move down in case if price breaks out to the the downside.
There is a chance of a move to 0.938 as minor hurdle remains at 0.9392.
USD/CHF: Pennant
USD/CHF,
4 hours
SHORT
Jul 7
We can see that a pennant forms and the price asks for a more bigger bearish continuation to confirm a breakdown.
A pennant identifies extending an downtrend when price breaks below support.
There is a possibility of a rangebound towards 0.894 as the currency pair becomes under pressure.
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USD/CHF