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: 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: 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: Rectangle
USD/CHF,
1 hour
SHORT
Jun 11
We can see that a rectangle has been recognized.
When price breaks out, the move could spot a move down.
There is a probability of a bearish price action to 0.82.
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: Rectangle
USD/CHF,
1 hour
LONG
Oct 21
There is a rectangle noticed and the price calls for next steady rise as proof of a breakout.
A rectangle is believed to be a reliable bullish price formation that often signals the bears have run out of steam in case if price breaks out.
A further bullish continuation towards 0.796 about to be made on a break above 0.7946.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
LONG
Apr 22
It looks like an ascending triangle has been diagnosed, the price is ready to break out soon.
An ascending triangle typically identifies a sharp rise in case if price breaks above resistance.
USD/CHF to strengthen towards the 0.814 zone on a breach of 0.812 as downside pressure seen easing.
USD/CHF: Rectangle
USD/CHF,
4 hours
LONG
Oct 6
There is a rectangle noticed.
A rectangle denotes a specific bullish price action indicator that is used to identify a further move up when price breaks above resistance.
A rangebound to the 0.799 level stays on the cards once above 0.799 as bulls lurking in demand zone.
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: 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.
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