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: Rising Wedge
USD/CHF,
1 hour
SHORT
Apr 2
USD/CHF creates a rising wedge.
A rising wedge predicts a sharp decline once price collapses through the support line.
USD/CHF to drop to the 0.8835 level.
USD/CHF: Descending Channel
USD/CHF,
4 hours
LONG
Oct 21
There is a descending channel discovered and usdchf requires an impulse up as a signal of a breakout.
In case if price breaks out, the resulting move could spot a further move up.
Usdchf points to the upside towards the 0.795 zone on a upside break.
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.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
SHORT
May 20
USD/CHF forms a descending triangle and USD/CHF asks for a steady move as a clue of a breakdown.
A descending triangle is said to depict a reliable bearish price action indicator that can be used to spot a bearish price move when price breaks down.
There is a possibility of corrective downside to 0.831 while below 0.8322.
USD/CHF: Bearish Flag
USD/CHF,
4 hours
SHORT
Jun 20
There is a bearish flag noticed, USD/CHF requests further active pullback as evidence of a breakout.
If price collapses through the support line, the resulting move could identify a bearish price move.
It is likely that a rangebound towards 0.81 will form as USD/CHF nears 0.816 hurdle.
USD/CHF: Rectangle
USD/CHF,
1 hour
LONG
Apr 30
The price completes a rectangle, the price is ready to break out now.
A rectangle tends to be a specific price action formation that is used to signal a bullish move in case if price breaks out to the the upside.
A bullish push up towards the 0.827 mark is likely.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Jun 23
A rectangle materializes.
A rectangle tends to be a specific price pattern that spots that the price to go short when price breaks down.
There is a possibility of a further bearish continuation towards the 0.815 zone on a breakout of the rectangle.
USD/CHF: Bullish Rectangle
USD/CHF,
1 hour
LONG
Dec 12
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.
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USD/CHF