There is a bullish rectangle developing and USD/CHF calls for a further bigger move as evidence of a breakout.
A bullish rectangle signals that prices are likely to keep rallying upward when price breaks through the resistance.
It is likely that a further bullish continuation towards 0.886 will occur.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Sep 11
It looks like USD/CHF completes a descending channel.
In case if price breaks above resistance, the move could signal a temporary interruption during a falling market.
There is a probability of a bullish push up to the 0.848 zone on a breakout of the descending channel as minor hurdle remains at 0.8465.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Oct 13
There is a descending triangle coming out and the price is ready to break out soon.
When price breaks above resistance, the move could predict that the price will rally further.
USD/CHF to recover bullish potential towards the 0.8585 mark.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
May 30
There is an ascending channel occuring.
In case if price collapses through the support line, the move could signal a bearish price action.
There is a probability of a bearish push down towards 0.912 on a breakout of the ascending channel as USD/CHF nears 0.9122 hurdle.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Mar 17
An ascending channel forms and USD/CHF needs a next bearish impulse for clear breakdown confirmation.
When price breakdown occurs, the move could signal a move down.
It is likely that a move towards 0.882 will be made.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jul 25
It seems like an ascending channel is detected and the price is about to break out.
An ascending channel is said to depict a specific price signal that can be used to identify an extension in the downward direction when price breaks down.
It is not ruled out that corrective downside towards 0.865 will form while below 0.8655 amid rising bets for the move.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Dec 2
USD/CHF establishes a descending channel, the price is going to break out now.
A descending channel denotes a formation that is angled down that typically signals price heading to a new direction when price breaks out.
USD/CHF to increase bullish potential towards the 0.883 zone on a breach of 0.882 as door open for the continuation of the uptrend.
USD/CHF: Bearish Rectangle
USD/CHF,
1 hour
SHORT
Oct 17
A bearish rectangle is revealed.
If price breaks below support, the resulting move could identify the bulls have run out of steam.
USD/CHF is at risk of resuming its decline to 0.899 on a breakdown of the bearish rectangle.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Aug 7
It seems like a descending triangle is close to being done.
In case if price breaks through the resistance, the resulting move could signal that the price to go long.
There is a possibility of a bullish move towards the 0.854 zone once above 0.853.
USD/CHF: Rising Wedge
USD/CHF,
4 hours
SHORT
6 days ago
A rising wedge has been noticed, the price needs a next bigger bearish continuation as proof of a breakout.
A rising wedge is believed to be a technical bearish indicator that can be used to identify an upward trend is about to reverse into an downward trend if price breaks down.
USD/CHF to accomodate to 0.882 on a break below 0.8825.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Feb 4
An ascending channel turns up.
An ascending channel signals reversals in uptrends in case if price breaks through the support.
A further bearish run towards 0.908 is a possibility.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Mar 18
A falling wedge is diagnosed.
Once price breaks through the resistance, the move could signal the more likely potential of rising prices.
USD/CHF looks ready to further extend its gains to 0.8835 once beyond 0.8834 as USD/CHF becomes bid.
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USD/CHF