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
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 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: 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: 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.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Dec 6
It looks like the price composes a descending triangle, the price needs a more move as an information of a breakout.
When price breaks above resistance, the move could identify extending an uptrend.
It is likely that a further bullish push up to 0.876 will form.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Jan 31
A descending triangle is almost done, the price needs a more steady bullish action to confirm descending triangle breakout.
If price breaks through the resistance, the move could spot that the price to go long.
USD/CHF tests a move towards the 0.864 zone as the currency pair challenges 0.8632 hurdle.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jan 10
An ascending channel is distinguished and the price is about to break out.
An ascending channel often indicates that the price to go down in case if price breakdown occurs.
USD/CHF opens door for a move to the 0.85 level on a downside break as the currency pair probes 0.851 hurdle.
USD/CHF: Pennant
USD/CHF,
1 hour
LONG
Apr 12
A pennant is close to completion, the price is ready to break out soon.
A pennant is believed to be a useful bullish signal that is used to predict the more likely potential of rising prices once price breaks above resistance.
There is a possibility of a bullish move towards 0.916 while above 0.914.
USD/CHF: Bearish Rectangle
USD/CHF,
1 hour
SHORT
Mar 22
A bearish rectangle is close to being done and the price is about to break out.
A bearish rectangle typically predicts a further move down when price breaks out.
USD/CHF to slump towards 0.921 as bearish momentum increases.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
5 days ago
There is an ascending channel determined, the price is going to break out soon.
An ascending channel typically signals a break during an uptrending market once price breaks through the support.
A bearish price action to 0.885 is a possibility on a breakdown of the ascending channel as the currency pair sticks to the negative mood.
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USD/CHF